NeoPhotonics (NPTN) Tops Q3 EPS by 6c, Revenues Miss; Offers Q4 EPS Outlook

Go back to NeoPhotonics (NPTN) Tops Q3 EPS by 6c, Revenues Miss; Offers Q4 EPS Outlook

NeoPhotonics Reports Third Quarter 2018 Financial Results

November 2, 2018 7:00 AM EDT

Revenue of $81.7 million for the quarter Gross margin was up 400 basis points sequentially

SAN JOSE, Calif.--(BUSINESS WIRE)-- NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of optoelectronic solutions for the highest speed communications networks in telecom and data center applications, today announced financial results for its third quarter ended September 30, 2018.

With continued strength in demand in the third quarter, combined with increasing volume growth across various product lines, we achieved gross margin expansion of nearly... More