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Jul 16th, 2012
NeoPhotonics Q2 revenue exceeding projections
Based on preliminary financial estimates, photonic integrated circuit manufacturer NeoPhotonics Corp. expects revenue for its second quarter to be $6 million above its previously stated outlook.
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The company estimates that its second quarter, ended June 30, will reach $55 million. The estimate is preliminary and subject to adjustment; however, in the absence of material adjustment, second quarter revenue would set a new company record.

The revenue growth is credited to the increased demand in products for high-speed coherent networks, high-speed client applications and access networks.

To read more : http://photonics.com/Article.aspx?AID=51410



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