How were Acacia Communications' earnings last quarter?

Acacia Communications, Inc. (NASDAQ:ACIA) released its quarterly earnings results on Saturday, November, 14th. The technology company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.58 by $0.20. The technology company earned $158.46 million during the quarter, compared to analyst estimates of $143.28 million. Acacia Communications had a net margin of 12.56% and a trailing twelve-month return on equity of 11.85%.

What is Murugesan “Raj” Shanmugaraj's approval rating as Acacia Communications' CEO?

9 employees have rated Acacia Communications Chief Executive Officer Murugesan “Raj” Shanmugaraj on Glassdoor.com . Murugesan “Raj” Shanmugaraj has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Acacia Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Communications investors own include NVIDIA (NVDA) , Micron Technology (MU) , AbbVie (ABBV) , Advanced Micro Devices (AMD) , Broadcom (AVGO) , Netflix (NFLX) , Cisco Systems (CSCO) , QUALCOMM (QCOM) , Gilead Sciences (GILD) and AT&T (T) .

When did Acacia Communications IPO?

Acacia Communications (ACIA) raised $99 million in an initial public offering (IPO) on Friday, May 13th 2016. The company issued 4,500,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities served as the underwriters for the IPO and Needham & Company, Cowen and Company and Northland Capital Markets were co-managers.

NASDAQ:ACIA

Acacia Communications (ACIA) Stock Price, News & Analysis

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Today's Range: $114.99
▼
$114.99
50-Day Range: $114.82
▼
$114.99
52-Week Range: $60.62
▼
$115.00

Volume: N/A
Average Volume: 1.95 million shs
Market Capitalization: $4.90 billion

P/E Ratio: 72.32
Dividend Yield: N/A
Price Target: N/A

Stock Analysis

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About Acacia Communications Stock (NASDAQ:ACIA)

Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.

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ACIA Stock News Headlines

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Even multibillionaires are tempted by the thrill of insider trading

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March 26, 2024 | msn.com

Billionaire Andreas Bechtolsheim Charged With Insider Trading

March 26, 2024 | msn.com

Sun Microsystems co-founder charged with insider trading

April 18, 2024 | DTI (Ad)

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March 26, 2024 | msn.com

SEC Fines Arista Co-Founder $1 Million Over Insider Trading Claims

March 26, 2024 | bloomberg.com

Billionaire Bechtolsheim Accused of Insider Trading by SEC

February 22, 2024 | msn.com

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January 24, 2024 | forbes.com

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January 16, 2024 | finance.yahoo.com

Windstream Wholesale and Cisco Further Unlock the Potential of Coherent Optics with the Industry's First 1Tbps Wavelength Over 1,100 Kilometers

January 11, 2024 | msn.com

New digital patient record system Acacia to be suspended inside Royal Darwin, Palmerston hospital emergency departments

January 10, 2024 | cnn.com

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January 10, 2024 | finanznachrichten.de

DriveNets and Acacia Announce Joint Network Cloud 400G ZR/ZR+ Solution

January 4, 2024 | tmcnet.com

MACOM Announces Appointment of Raj Shanmugaraj to its Board of Directors

January 1, 2024 | msn.com

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December 20, 2023 | msn.com

Court dismisses guilty plea by Acacia's stalker

November 28, 2023 | news.yahoo.com

Ukrainian Special Forces destroy Russian Akatsiya artillery system

November 18, 2023 | msn.com

Ice skating rink at Acacia Park grand opening

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Company Calendar

Last Earnings: 11/14/2020
Today: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & Related Devices
Sub-Industry: N/A
Current Symbol: NASDAQ:ACIA
CUSIP: N/A
CIK: 1651235
Web: www.acacia-inc.com
Phone: 978-938-4896
Fax: N/A
Employees: 429
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.18
Trailing P/E Ratio: 72.32
Forward P/E Ratio: 52.75
P/E Growth: N/A
Net Income: $32.84 million
Net Margins: 12.56%
Pretax Margin: N/A
Return on Equity: 11.85%
Return on Assets: 9.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.56
Quick Ratio: 4.31

Sales & Book Value

Annual Sales: $464.66 million
Price / Sales: 10.54
Cash Flow: $1.53 per share
Price / Cash Flow: 75.02
Book Value: $14.02 per share
Price / Book: 8.20

Miscellaneous

Outstanding Shares: 42,608,000
Free Float: N/A
Market Cap: $4.90 billion
Optionable: Optionable
Beta: 0.78

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Key Executives

Mr. Murugesan Shanmugaraj (Age 63)
Pres, CEO & Director
Comp: $782.95k
Dr. Benny P. Mikkelsen (Age 61)
Co-Founder, CTO & Director
Comp: $644.24k
Mr. John F. Gavin (Age 62)
CFO & Treasurer
Comp: $675.71k
Mr. Eric L. Fisher (Age 49)
VP of Global Sales
Comp: $1.04M
Mr. Mehrdad Givehchi (Age 55)
Co-Founder and VP of Hardware & Software
Mr. Christian J. Rasmussen (Age 52)
Co-Founder and VP of Digital Signal Processing & Optics
Mr. John P. Kavanagh (Age 58)
Sr. VP of Operations
Mr. Francis J. Murphy
VP of Fin., Corp. Controller & Principal Accounting Officer
Ms. Janene I. Asgeirsson (Age 51)
Chief Legal Officer & Sec.
Mr. John J. LoMedico (Age 63)
VP of Corp. Devel.

Key Competitors

View All Competitors

ACIA Stock Analysis - Frequently Asked Questions

How were Acacia Communications' earnings last quarter?: Acacia Communications, Inc. (NASDAQ:ACIA) released its quarterly earnings results on Saturday, November, 14th. The technology company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.58 by $0.20. The technology company earned $158.46 million during the quarter, compared to analyst estimates of $143.28 million. Acacia Communications had a net margin of 12.56% and a trailing twelve-month return on equity of 11.85%.
What is Murugesan “Raj” Shanmugaraj's approval rating as Acacia Communications' CEO?: 9 employees have rated Acacia Communications Chief Executive Officer Murugesan “Raj” Shanmugaraj on Glassdoor.com. Murugesan “Raj” Shanmugaraj has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Acacia Communications own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Communications investors own include NVIDIA (NVDA), Micron Technology (MU), AbbVie (ABBV), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Cisco Systems (CSCO), QUALCOMM (QCOM), Gilead Sciences (GILD) and AT&T (T).
When did Acacia Communications IPO?: Acacia Communications (ACIA) raised $99 million in an initial public offering (IPO) on Friday, May 13th 2016. The company issued 4,500,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities served as the underwriters for the IPO and Needham & Company, Cowen and Company and Northland Capital Markets were co-managers.

This page (NASDAQ:ACIA) was last updated on 4/18/2024 by MarketBeat.com Staff

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Acacia Communications (ACIA) Stock Price, News & Analysis

About Acacia Communications Stock (NASDAQ:ACIA)

ACIA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ACIA Stock Analysis - Frequently Asked Questions

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