NeoPhotonics (NPTN) Tops Q1 EPS by 2c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Below Consensus

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NeoPhotonics Reports First Quarter 2021 Financial Results

April 29, 2021 4:10 PM EDT

Products for 400G and above applications grew 134% year-over-year Revenue, Gross Margin & Operating profit above mid-point of guidance Announced successful completion of 2,000 hours of high temperature reliability testing for QSFP-DD 400ZR modules, plus successful demonstrations in fully populated Ethernet switch

SAN JOSE, Calif.--(BUSINESS WIRE)-- NeoPhotonics Corporation (NYSE: NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, today announced financial results for its first quarter of... More