Acacia Communications (ACIA) Tops Q3 EPS, Revenue
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Acacia Communications Reports Third Quarter 2018 Results
November 1, 2018 4:01 PM EDTMAYNARD, Mass., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its third quarter ended September 30, 2018.
I am pleased with our strong third quarter results, which exceeded the high end of our guidance on revenue, non-GAAP net income and non-GAAP diluted earnings per share and included solid quarterly profitability, said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. In the third quarter, newer customers contributed 43% of our total revenue and a Tier 1 switch and router customer... More
