Shares of optical networking provider Oclaro are trading higher Wednesday afternoon after the company said Q4 revenues topped previous guidance.

The company said it now expects to report revenue for the quarter of about $85 million, ahead of previous guidance of $75 million to $85 million.

Oclaro also provided an upbeat update on its efforts to recover from last year’s flooding in Thailand.

.”Our top priority has been to restart production in Thailand following the intensive floods, and minimize any impact to our customers,” CEO  Alain Couder said in statement. “As a result of the efforts of our teams in Thailand and around the world, we have made substantial progress in restarting production for our affected product lines.  These efforts have also contributed to our achieving preliminary revenues for the December quarter above the top end of our guidance range.” The company said it expects four of five flood affected product lines to have restarted commercial output by the end of January.

Oclaro currently expects four of the five flood affected product lines to have restarted commercial output at Fabrinet’s Pinehurst facility by the end of January.

OCLR in late trading is up 35 cents, or 11.9%, to $3.29.