Alliance Fiber Optic Products (AFOP) Sees Q2 Revenue at ~$25M, Topping Expectations

Alliance Fiber Optic Products, Inc. (NASDAQ: AFOP) announced its preliminary results for the quarter ending June 30, 2015. These results are subject to change as a result of final management review and closing adjustments for the quarter ending on June 30, 2015.

For the second quarter of 2015, the Company expects to report revenue of approximately twenty five millions, which represents 15% revenue increase from the previous quarter and is higher than the revenue guidance of $22.5M to $24.5M issued on April 22, 2015. With the record quarterly sales, the Company expects to report record quarterly gross margin and operating profits on a non-GAAP basis as well.

*** The Street sees Q2 revenue of $23.2 million.

A more detailed review of second quarter financial results as well as the outlook for the third quarter of 2015 will be provided, when the complete second quarter results are discussed on a conference call at 1:30 p.m. (Pacific) on July 22, 2015. To participate in AFOP's conference call, please call 877-675-3572, or 760-536-8544, at least ten minutes prior to the call in order for the operator to connect you. The confirmation number for the call is 72362987. AFOP will also provide a live webcast of its second quarter 2015 conference call at AFOP's website: www.afop.com. The webcast replay will be available on AFOP's website 90 minutes after the live conference call.

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