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Oclaro Reports Positive Adjusted EBITDA in First Post-Merger Quarter
Date:7/23/2009

n stock 1,862 1,007 Additional paid-in capital 1,199,358 1,163,598 Accumulated other comprehensive income 30,905 44,036 Accumulated deficit (1,091,735) (1,059,579) ---------- ---------- Total stockholders' equity 140,390 149,062 ------- ------- Total liabilities and stockholders' equity $233,388 $212,090 ======== ======== OCLARO, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited, in thousands, except per share amounts) Three Months Ended Twelve Months Ended ------------------- -------------------- June 27, March 28, June 27, June 28, 2009 2009 2009 2008 -------- --------- --------- --------- Revenues $66,877 $41,241 $210,923 $202,663 Cost of revenues 50,296 32,381 164,425 161,902 ------ ------ ------- ------- Gross profit 16,581 8,860 46,498 40,761 Operating expenses: Research and development 8,272 5,260 26,147 28,608 Selling, general and administrative 10,659 7,601 34,899 40,948 Amortization of intangible assets 58 54 487 3,510 Restructuring and related costs 5,157 54 6,826 3,033 Legal settleme
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