JDS Uniphase posts loss

January 24, 2002 Posted: 2123 GMT

NEW YORK (CNN/Money) -- JDS Uniphase Corp. reported a second-quarter loss Thursday, saying its results were dragged down by hefty restructuring charges.

The company, which makes fiber-optics components for the telecommunications industry, reported a loss in its fiscal second quarter, which ended on Dec. 31, of $255 million, excluding several one-time items, or 19 cents a share, compared with earnings a year ago of $208 million, or 21 cents a share.

Excluding certain additional restructuring charges, JDS Uniphase (JDSU: Research, Estimates) lost 2 cents a share, matching the expectations of analysts surveyed by earnings tracker First Call.