Acacia Communications (ACIA) Tops Q4 EPS by 2c; Guides Well Below the Street

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Acacia Communications Reports Fourth Quarter and Full Year 2017 Results

February 22, 2018 4:10 PM EST

MAYNARD, Mass., Feb. 22, 2018 (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, 2017.

While we continue to face some headwinds in the market, our fourth quarter 2017 results were in-line with our expectations," said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. Our team at Acacia continued to execute well on new product introductions and on our ongoing customer diversification efforts. We are pleased with our product roadmap and... More