NeoPhotonics (NPTN) Tops Q1 EPS by 12c, Revenues Beat; 2Q Revenue Outlook Above Consensus, 2Q EPS Mid-Point Guidance Above Consensus

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Go back to NeoPhotonics (NPTN) Tops Q1 EPS by 12c, Revenues Beat; 2Q Revenue Outlook Above Consensus, 2Q EPS Mid-Point Guidance Above Consensus

NeoPhotonics Reports First Quarter 2020 Financial Results

April 30, 2020 4:05 PM EDT

Revenue of $97.4 million for the quarter, up 23% year-over-year Gross Margin was 30.5%, nearly 11 percentage points higher year-over-year

SAN JOSE, Calif.--(BUSINESS WIRE)-- NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of advanced hybrid photonic integrated circuit-based modules and subsystems for bandwidth-intensive, high speed communications networks, today announced financial results for its first quarter ended March 31, 2020.

We are pleased to deliver another profitable quarter, notably through our seasonally low first quarter, in spite of supply chain risks related to the... More