| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Finisar Corporation |
| 1308 Moffett Park Drive, Sunnyvale, CA 94089 * (408) 548-1000 |
| Business Description | The company is a leading provider of fiber optic subsystems and network performance test systems which enable high speed data communications over local area networks, or LANs and storage area networks, or SANs. |
| Offering Information Company has | |||
| Trading As | FNSR (NASNTL) | Industry | High-Tech (SIC 3674) |
| Type of Stock Offered | Common Shares | Filing Date | 9/13/99 |
| Domestic Shares Offered | 8,150,000 | Offer Date | 11/11/99 |
| Foreign Shares Offered | 0 | Filing Range | $16.00 - $18.00 |
| Company Shares | 8,150,000 | Offer Price | $19.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.330 |
| Gross Proceeds | $154,850,000 | Selling | $0.800 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 50,157,500 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Dain Rauscher Wessels | Co-manager | (612) 371-2818 |
| J.P. Morgan & Co. | Co-manager | (212) 648-0517 |
| Morgan Keegan & Company, Incorporated | Co-manager | (901) 529-5357 |
| SoundView Financial Group, Inc. | Co-manager | (203) 462-7242 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 4/30/97 | 4/30/98 | 4/30/99 | 7/31/98 | 7/31/99 | ||
| Revenues | - | - | 8.457 | 22.067 | 35.471 | 6.794 | 13.879 |
| Income from Oper. | - | - | 1.374 | 7.094 | 5.651 | 1.603 | 2.247 |
| Net Income | - | - | 0.947 | 4.358 | 3.077 | 1.053 | 1.300 |
| E.P.S | - | - | 0.020 | 0.100 | 0.080 | 0.030 | 0.030 |
| Revenue Growth (%) | - | - | 160.93 | 60.743 | 104.30 | ||
| Net Income Growth (%) | - | - | 360.05 | -29.39 | 23.50 | ||
| Oper. Profit Margin (%) | - | - | 16.25 | 32.15 | 15.93 | 16.19 | 23.59 |
| Net Profit Margin (%) | - | - | 11.20 | 19.75 | 8.68 | 9.37 | 15.50 |
| Cash Flow - Oper. | 1.06 | 0.63 | 0.91 | ||||
| Cash Flow - Inv. | -2.10 | -0.14 | -0.55 | ||||
| Cash Flow - Fin. | 5.36 | -0.03 | 0.00 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 7/31/99 | Financial Ratios | ||||
| Total Assets | 24.46 | Current Assets | 21.14 | Current Ratio | 2.96 |
| Total Liab. | 44.41 | Current Liab. | 7.13 | Debt Ratio | 181.57% |
| Total Equity | -19.95 | Working Cap. | 14.01 | Debt to Equity Ratio | - |
| Cash | 5.40 | Return on Assets | 5.32% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to repay indebtedness and redeem our redeemable preferred stock and for general corporate purposes, principally working capital and capital expenditures. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Gray Cary Ware & Freidenrich |
| Bank's Law Firm | Morrison & Foerster |
| Registrar/Transfer Agent | American Stock Transfer & Trust Co |
| Auditor | Ernst & Young |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |