Acacia Communications Reports Second Quarter 2016 Results
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Acacia Communications (ACIA) PT Raised to $100 at Needham & Company Following 'Exceptional' Q2
August 12, 2016 7:02 AM EDTNeedham & Company analyst Alex Henderson reiterated a Buy rating and raised his price target on Acacia Communications (NASDAQ: ACIA) to $100.00 (from $65.00) following an "exceptional" quarter.
Henderson commented, "Acacia reported an exceptional quarter coming in substantially ahead of the highest forecast on the street with... More
Acacia Communications (ACIA) Reports Q2 EPS of $0.43
August 11, 2016 4:17 PM EDTAcacia Communications (NASDAQ: ACIA) reported Q2 EPS of $0.43, versus $0.09 reported last year. Revenue for the quarter came in at $116.2 million, versus $57.9 million reported last year.
GUIDANCE:
Acacia Communications sees Q3 2016 EPS of $0.64-$0.76. Acacia Communications sees Q3 2016 revenue of $120-128... More
