NeoPhotonics Corporation (NYSE:NPTN) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, NPTN to report 2Q20 income of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 396.53 million, while looking forward to income of $ 0.53 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 98.00 million ~ $ 102.00 million
Click Here For More Historical Outlooks Of NeoPhotonics Corporation
Previous Quarter Performance
NeoPhotonics Corporation disclosed income for the first quarter of $ 0.17 per share, from the revenue of $ 97.40 million. The quarterly earnings raised 62.32 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.05 per share from $ 86.50 million in revenue. The bottom line results beat street analysts by $ 0.12 or 240.00 percent, at the same time, top line results outshined analysts by $ 10.90 million or 12.60 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NPTN was $ 9.83, representing a 143.92 % increase from the 52 week low of $ 4.03 and a 4.93 % decrease over the 52 week high of $ 10.34.
The company has a market capital of $ 479.27 million and is part of the Technology sector and Semiconductors industry.
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Recent Analyst recommendations
- On 16th June 2020, downgraded by B. Riley to Neutral from Buy rating.
Conference Call
NeoPhotonics Corporation will be hosting a conference call at 4:30 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.neophotonics.com
NeoPhotonics Corporation develops, manufactures, and sells optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. It offers high speed products, including transmitter, receiver, and switching products for 100G (gigabits per second) and optical transmission applications over distances of 2 to 2,000 kilometers; optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generate ultra-pure wavelength or color for coherent transmission, as well as coherent micro-modulators, which encode the information on the intensity and phase of the optical beam; and integrated coherent receivers (ICRs) that decode the phase and polarization encoded coherent signals. The company also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.
