Acacia Communications (ACIA) Tops Q1 EPS by 10c

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Go back to Acacia Communications (ACIA) Tops Q1 EPS by 10c

Acacia Communications Reports First Quarter 2019 Results

May 2, 2019 4:01 PM EDT

MAYNARD, Mass., May 02, 2019 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its first quarter ended March 31, 2019.

I am pleased with our strong first quarter results, which exceeded the high end of our guidance on revenue, non-GAAP gross margin, non-GAAP net income and non-GAAP diluted EPS, said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. Our continued investment in industry leading coherent technologies has helped us develop a broad portfolio of products that address the needs of... More