Acacia Communications (ACIA) Tops Q4 EPS by 4c; Guides Below the Street

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Acacia Communications Reports Fourth Quarter and Full Year 2016 Results

February 23, 2017 4:05 PM EST

MAYNARD, Mass., Feb. 23, 2017 (GLOBE NEWSWIRE) --  Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its fourth quarter and full year ended December 31, 2016.

Our solid fourth quarter results were driven by continued strong global demand for our 100G and flex-400G products from the metro and DCI markets and the ramp of our newer customers, and we are very pleased to report that we added a hyper-scale cloud and content provider, who is a direct customer deploying our AC400 product, as a significant... More