NeoPhotonics (NPTN) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS Guidance Above Consensus

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Go back to NeoPhotonics (NPTN) Reports In-Line Q4 EPS, Revenues Beat; Offers Q1 EPS Guidance Above Consensus

NeoPhotonics Reports Fourth Quarter and Fiscal Year 2019 Financial Results

February 27, 2020 4:05 PM EST

Revenue of $103.4 million for the quarter, up 12% sequentially; up 13% year-over-year Gross margins expanded 2 points over the prior quarter to 30% on a GAAP basis and 31% non-GAAP

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 datacenter applications, today announced financial results for its fourth quarter and fiscal year ended December 31, 2019.

Our strong revenue and gross margin expansion throughout the year was a... More