NeoPhotonics (NPTN) Tops Q3 EPS by 9c

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NeoPhotonics Reports Third Quarter 2019 Financial Results

October 31, 2019 4:05 PM EDT

Revenue of $92.4 million for the quarter, up 13% sequentially and year-over-year Operating Profit of $1.3 million, non-GAAP Operating Profit of $4.4 million

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, 2019.

Solid execution, strong customer demand, and cost reduction combined for a profitable quarter for NeoPhotonics, said Tim Jenks, Chairman and CEO of... More