Acacia Communications Reports Third Quarter 2016 Results
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Exclusive Interview with Acacia Communications' (ACIA) CEO Raj Shanmugaraj; In Early Stages of Multi-Year Deployment, Not Looking to Sell
November 11, 2016 1:49 PM ESTStreetInsider.com conducted an exclusive interview with Acacia Communications (NASDAQ: ACIA) CEO, Raj Shanmugaraj. Acacia Communications is seeking the siliconization of optical interconnect" in metro and inter-data center networks across the world. The stock has been one of the hottest stocks this year, up 200% from its May IPO price of $23. At one point this year, shares were up to $128.73, or nearly double the current level of $67.83.
In the latest quarter, the company reported EPS of $1.01, $0.20 better than the analyst estimate of $0.81. Revenue for the quarter was up 107% to $135.3 million versus the consensus estimate of... More
Acacia Communications (ACIA) Tops Q3 EPS by 20c; Guides Q4 EPS Above the Street
November 10, 2016 4:08 PM ESTAcacia Communications (NASDAQ: ACIA) reported Q3 EPS of $1.01, $0.20 better than the analyst estimate of $0.81. Revenue for the quarter came in at $135.3 million versus the consensus estimate of $130.85 million.
GUIDANCE:
Acacia Communications sees Q4 2016 EPS of $0.85-$0.92, versus the consensus of $0.78. Acacia Communications sees Q4 2016 revenue of $136-141 million, versus the consensus of... More
