Alliance Fiber Optic Products (AFOP) Tops Q2 EPS by 6c

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Go back to Alliance Fiber Optic Products (AFOP) Tops Q2 EPS by 6c

AFOP Reports Record Quarterly Sales in Q2 2015; Guidance for Year-Over-Year Increases of 33% in Q3 2015

July 22, 2015 4:05 PM EDT

SUNNYVALE, Calif., July 22, 2015 (GLOBE NEWSWIRE) -- Alliance Fiber Optic Products, Inc. (Nasdaq: AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the fiber optic communication market, today reported its financial results for the second quarter ended June 30, 2015.

Revenues for the second quarter of 2015 were $25,045,000, a 16% increase from revenues of $21,663,000 reported in the first quarter of 2015 and a 3% increase from revenues of $24,199,000 reported in the second quarter of 2014.

Net income for the quarter ended June 30, 2015 was $5,040,000, or $0.28 per share, compared to net income of $3,558,000, or $0.20 per share, for the first... More