Acacia Communications (ACIA) Tops Q1 EPS by 12c; Warns for Q2
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Acacia Communications Reports First Quarter 2017 Results
May 9, 2017 4:06 PM EDTMAYNARD, Mass., May 09, 2017 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its first quarter ended March 31, 2017.
We are pleased that our first quarter results came in stronger than we expected at the start of the quarter driven by demand for our CFP and flex-400G products around the world, said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. During the quarter, we made good progress on ramping production of our CFP2-ACO and CFP2-DCO modules... More
