Revisions to market analysis boost overall annual sales figures, with increased business observed in China.
European sales lift in Q2 2015 the only bright spot in an otherwise flat market for optical hardware, says analyst IHS.
Acquisition of Swedish firm specializing in metro optical communications technology now set to close August 20.
LED sales plummet nearly 40% year-on-year as the chip maker posts an annual loss for the first time in more than a decade.
JDSU optics and photonics spin-off projects first financial quarter as a standalone company.
Laser and optical systems segment flat; new organizational structure comes into effect at start of next year.
When adjusted for the divestiture of JK Lasers to Trumpf, laser revenues climbed 9% in latest quarter.
New CEO Thomas Merk reports 29% sequential rise in unit sales of high-power fiber lasers.
Module conversion efficiency at the company's lead production line now averaging 16.2%.
Spectra-Physics in the firing line as divisional sales drop 11% sequentially.
'Laser Solutions' division largely responsible for sharp increase in annual net income.
Year on year quarter sales up 23% to $43m, net losses fall 36% to $4.1m.
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