Alliance Fiber Optic Products (AFOP) Misses Q4 EPS by 19c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Alliance Fiber (AFOP) Misses and Guides to Back End Loaded '16 - Needham
February 19, 2016 6:51 AM ESTNeedham & Company analyst, Alex Henderson, thinks despite Alliance Fiber (NASDAQ: AFOP) missing estimates and guiding below consensus, the back half of the year can be robust enough to maintain existing full year EPS projections. No change to Buy rating or $20 PT.
Alliance Fiber Optic Products's (AFOP) top customer plummeted from 45% of Revenues to 20% in CY4Q as it sharply reduced inventory at the behest of its new CFO and cut Capex by 40% year-over-year. However, Google is expected to meaningfully increase spending in CY16 and the shift to 25G architectures should strongly... More
