Acacia Communications Reports Fourth Quarter and Full Year 2018 Results
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B.Riley/FBR Downgrades Acacia Communications (ACIA) to Neutral
February 22, 2019 6:29 AM ESTB.Riley/FBR analyst Dave Kang downgraded Acacia Communications (NASDAQ: ACIA) from Buy to Neutral with a price target of $50.50 (from $45.00).
For an analyst ratings summary and ratings history on Acacia Communications click here. For more ratings news on Acacia Communications click here.
Shares of Acacia Communications closed at $49.20 yesterday.
... MoreAcacia Communications (ACIA) Tops Q4 EPS by 6c; Issues Solid Outlook
February 21, 2019 4:18 PM ESTAcacia Communications (NASDAQ: ACIA) reported Q4 EPS of $0.41, $0.06 better than the analyst estimate of $0.35. Revenue for the quarter came in at $107.1 million versus the consensus estimate of $102.87 million.
I am pleased with our strong fourth quarter results, which exceeded the high end of our guidance on revenue, non-GAAP net income and non-GAAP diluted earnings per share,... More
