Alliance Fiber Optic Products (AFOP) Reports In-Line Q4 EPS
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AFOP Reports Record Annual Sales and Operating Profits for 2014 With Sequential Growth Guidance
February 4, 2015 4:05 PM ESTSUNNYVALE, Calif., Feb. 4, 2015 (GLOBE NEWSWIRE) -- Alliance Fiber Optic Products, Inc. (Nasdaq: AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today reported its financial results for the fourth quarter and year ended December 31, 2014.
Revenues for the fourth quarter of 2014 totaled $18,809,000, a 4% increase from revenues of $18,096,000 reported in the previous quarter and a 14% decrease from revenues of $21,804,000 reported in the fourth quarter of 2013. The Company recorded net income for the fourth quarter of 2014 of $3,961,000, or $0.22 per share, compared to $4,303,000, or $0.23 per share for... More
