Oclaro, Inc. reported unaudited consolidated earning results for the second quarter ended December 29, 2012. For the quarter, the company reported loss before income taxes was $10.799 million against $30.350 million a year ago. Net loss was $12.223 million or $0.14 per basic and diluted share against $30.828 million or $0.61 per basic and diluted share a year ago. Adjusted EBITDA was negative $13.25 million compared with negative $14.31 million in the same period last year. Non-GAAP net loss per share was $0.28 compared to $0.39 a year ago. Non-GAAP operating loss was $23.12 million against $19.84 million a year ago. Revenue was $159.47 million compared to $86.49 million a year ago. Operating loss was $47.40 million compared to $33.64 million a year ago. Pro-forma combined revenues for the full first fiscal quarter, including Opnext for the full quarter, were $160.2 million. For the quarter, the company's CapEx was above $4.7 million.

The company provided earnings guidance for the third quarter ending March 30, 2013. For the quarter, the company expects revenues to be in the range of $140 million to $155 million, non-GAAP gross margin is to be in the range of 10% to 14% and adjusted EBITDA of negative $25 million to negative $13.5 million.