JDS Uniphase Confirms Previous Revenue Guidance and Sets Fourth Quarter and Fiscal 2005 Earnings Announcement Date
July 13 2005 - 5:48PM
PR Newswire (US)
JDS Uniphase Confirms Previous Revenue Guidance and Sets Fourth
Quarter and Fiscal 2005 Earnings Announcement Date SAN JOSE,
Calif., July 13 /PRNewswire-FirstCall/ -- JDS Uniphase Corporation
(Nasdaq: JDSU; TSX: JDU), today announced that it anticipates
fourth quarter revenue for fiscal 2005 to be above the midpoint of
the $160 to $170 million revenue guidance range issued by the
Company during its last earnings announcement on April 27, 2005.
Actual results for the fourth quarter and for fiscal 2005 will be
announced on Thursday, August 18, 2005, after the market closes.
The company will host a conference call at 2:00 p.m. Pacific Time
on Thursday, August 18, 2005 to discuss the results. To access the
live webcast, please visit JDS Uniphase's website at
http://www.jdsu.com/investors at least 30 minutes before the
scheduled start time to download any necessary audio or plug-in
software. A replay of the webcast will be available from 3:30 p.m.
Pacific Time on Thursday, August 18, 2005 until Thursday, September
1, 2005. About JDS Uniphase JDS Uniphase Corporation designs and
manufactures products for markets where its core optics
technologies provide innovative solutions for industrial,
commercial and consumer applications. The Company offers
components, modules and subsystems for data communications,
telecommunications and cable television, display, security,
medical/environmental instrumentation, decorative, aerospace and
defense applications. More information is available at
http://www.jdsu.com/. Forward-Looking Statements This press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements include any anticipation or
guidance as to the amount of fiscal 2005 fourth quarter revenue
performance. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those anticipated or projected, including, without limitation,
the following: the Company's ability to predict future financial
performance continues to be difficult, as among other things,
visibility remains limited, we are experiencing significant quarter
over quarter fluctuations in product mix, average selling prices
continue to decline across our product portfolio, and we continue
to experience execution challenges which limit our revenue. For
more information on these and other risks affecting the Company's
business, please refer to the "Risk Factors" section included in
the Company's Quarterly Report on Form 10-Q for the quarter ended
March 31, 2005 filed with the Securities and Exchange Commission,
as well as in subsequent filings on Forms 10-Q and 10-K. The
forward-looking statements contained in this news release are made
as of the date hereof and the Company does not assume any
obligation to update the reasons why actual results could differ
materially from those anticipated or projected in the
forward-looking statements. Contacts Investors: Jacquie Ross,
408-546-4445 or DATASOURCE: JDS Uniphase Corporation CONTACT:
investors, Jacquie Ross, +1-408-546-4445, or , or media, Jayme
Curtis, Public Relations, +1-408-546-7028, or , both of JDS
Uniphase Corporation Web site: http://www.jdsu.com/
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