NeoPhotonics Corporation Company Profile (NYSE:NPTN)

NeoPhotonics Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NPTN."

NeoPhotonics Corporation (NYSE:NPTN) announced its quarterly earnings results on Friday, May, 5th. The company reported ($0.25) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.02. The business earned $71.70 million during the quarter, compared to the consensus estimate of $70.05 million. NeoPhotonics Corporation had a negative net margin of 3.66% and a negative return on equity of 3.51%. NeoPhotonics Corporation's revenue was down 27.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. View NeoPhotonics Corporation's Earnings History.

NeoPhotonics Corporation updated its second quarter earnings guidance on Friday, May, 5th. The company provided EPS guidance of ($0.26-0.19) for the period, compared to the Thomson Reuters consensus estimate of ($0.11). The company issued revenue guidance of $68-74 million, compared to the consensus revenue estimate of $80.13 million.

8 brokerages have issued 12 month price targets for NeoPhotonics Corporation's shares. Their predictions range from $6.25 to $20.00. On average, they anticipate NeoPhotonics Corporation's share price to reach $12.16 in the next year. View Analyst Ratings for NeoPhotonics Corporation.

Here are some recent quotes from research analysts about NeoPhotonics Corporation stock:

• 1. According to Zacks Investment Research, "NeoPhotonics Corporation is engaged in the design and manufacture of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks. Products offered by the Company includes high-speed products that enable data transmission at 10Gbps, 40Gbps and 100Gbps, agility products such as ROADMs that dynamically allocate bandwidth to adjust for volatile traffic patterns, and access products that provide high-bandwidth connections to more devices and people over fixed and wireless networks. " (7/6/2017)
• 2. Cowen and Company analysts commented, "While NPTN's 1Q17 guidance is a painful reminder of the volatility and execution issues that attend optical communication companies, NPTN remains well-positioned to benefit from strong global 100G+ optical upgrade cycle. We have reduced our CY17-18 estimates to de-risk our model and our PT to $13, but we continue to see favorable risk-reward and maintain our Outperform rating." (3/15/2017)
• 3. Needham & Company LLC analysts commented, "The lack of orders out of China impacts Neo's outlook. The question is for how long. Neo expects orders over the next month or two and likely in the April time frame. Neo expects its business to be heavily back-half weighted, with 2/3 of the year in CY2H. The good news is it expects the yield issues to be fully resolved during the CY2Q quarter, which is dragging results by $6MM/ quarter and costing 200-400BPs to GMs. The costs of the sale of the low speed business should also fall out in CY2Q, helping margins by another 200 BPs. We are disappointed by the China lull but note that Neo, and for that matter the other vendors and their customers the Chinese OEMs, all think there will be strong orders in CY17 and again in CY18." (3/15/2017)

Some companies that are related to NeoPhotonics Corporation include IQE plc (IQE), IXYS Corporation (IXYS), Alpha and Omega Semiconductor Limited (AOSL), Park Electrochemical Corporation (PKE), O2Micro International Limited (OIIM), IEC Electronics Corp (IEC), SemiLEDS Corporation (LEDS), ANADIGICS (ANAD), CSR Ltd (CSR), CSR Ltd (CSRE), Entropic Communications (ENTR), Microsemi Communications (VTSS), Multi-Fineline Electronix (MFLX) and Viasystems Group (VIAS).

NeoPhotonics Corporation's management team includes the folowing people:

• Timothy S. Jenks, Chairman of the Board, President, Chief Executive Officer
• Sandra A. Waechter, Interim Chief Financial Officer, Principal Financial and Principal Accounting Officer
• Raymond Chi Yue Cheung Ph.D., Chief Operating Officer, Senior Vice President
• Wupen Yuen Ph.D., Senior Vice President, General Manager
• Benjamin Lee Sitler, Senior Vice President of Global Sales
• Charles J. Abbe, Lead Independent Director
• Ihab Saad Tarazi, Director
• Dmitry Sergeevich Akhanov, Independent Director
• Bandel L. Carano, Independent Director
• Rajiv Ramaswami Ph.D., Independent Director

NeoPhotonics Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.80%), Pier 88 Investment Partners LLC (0.13%) and Bank of Montreal Can (0.06%). Company insiders that own NeoPhotonics Corporation stock include Benjamin Lee Sitler, Chiyue Cheung, Michael J Sophie, Ray Wallin, Rusnano, Timothy Storrs Jenks and Yuen Wupen. View Institutional Ownership Trends for NeoPhotonics Corporation.

NeoPhotonics Corporation's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Pier 88 Investment Partners LLC. Company insiders that have sold NeoPhotonics Corporation stock in the last year include Benjamin Lee Sitler, Chiyue Cheung, Ray Wallin, Rusnano, Timothy Storrs Jenks and Yuen Wupen. View Insider Buying and Selling for NeoPhotonics Corporation.

NeoPhotonics Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. View Insider Buying and Selling for NeoPhotonics Corporation.

Shares of NeoPhotonics Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NeoPhotonics Corporation stock can currently be purchased for approximately $8.43.