Acacia Communications (ACIA) Tops Q4 EPS by 6c; Issues Solid Outlook
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Acacia Communications Reports Fourth Quarter and Full Year 2018 Results
February 21, 2019 4:13 PM ESTMAYNARD, Mass., Feb. 21, 2019 (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, 2018.
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, said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. In the fourth quarter, we made significant progress in our efforts to diversify our revenue base and expand our product... More
