NeoPhotonics Reports First Quarter 2021 Financial Results
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NeoPhotonics (NPTN) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Consensus
April 29, 2021 5:04 PM EDTNeoPhotonics (NYSE: NPTN) reported Q1 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $60.9 million versus the consensus estimate of $59.94 million.
First Quarter 2021 Summary
Revenue was $60.9 million, down 11% quarter-over-quarter and 37% year-over-yearGross margin was 21.9%, down from 22.7% in... More