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) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.10. The company earned $73.20 million during the quarter, compared to analysts' expectations of $71.11 million. NeoPhotonics Corporation had a negative return on equity of 9.43% and a negative net margin of 7.28%. NeoPhotonics Corporation's revenue for the quarter was down 26.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. View NeoPhotonics Corporation's Earnings History.

NeoPhotonics Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for NeoPhotonics Corporation.

NeoPhotonics Corporation issued an update on its third quarter earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of ($0.07)-$0.17 for the period, compared to the Thomson Reuters consensus estimate of ($0.10). The company issued revenue guidance of $70-$76 million, compared to the consensus revenue estimate of $80.50 million.

8 equities research analysts have issued 1-year price objectives for NeoPhotonics Corporation's stock. Their forecasts range from $6.25 to $13.00. On average, they expect NeoPhotonics Corporation's share price to reach $10.22 in the next twelve months. 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. " (8/15/2017)
• 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 Park Electrochemical Corporation (PKE), Alpha and Omega Semiconductor Limited (AOSL), IEC Electronics Corp (IEC), O2Micro International Limited (OIIM), 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
• Elizabeth Eby, Chief Financial Officer, Senior Vice President
• 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
• Sandra A. Waechter, Principal Accounting Officer
• Charles J. Abbe, Lead Independent Director
• Ihab Saad Tarazi, Director
• Dmitry Sergeevich Akhanov, Independent Director
• Bandel L. Carano, Independent Director

NeoPhotonics Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.33%), Quentec Asset Management LLC (4.43%), Northpointe Capital LLC (4.15%), Royce & Associates LP (4.10%), Vanguard Group Inc. (3.78%) and Marshall Wace North America L.P. (1.42%). 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 State Street Corp, Bank of Montreal Can, QS Investors LLC, Adirondack Research & Management Inc., Northern Trust Corp, Wells Fargo & Company MN, New York State Common Retirement Fund and Pier 88 Investment Partners LLC. Company insiders that have sold NeoPhotonics Corporation stock in the last year include Benjamin Lee Sitler, Chiyue Cheung, Michael J Sophie, Rusnano and Timothy Storrs Jenks. View Insider Buying and Selling for NeoPhotonics Corporation.

NeoPhotonics Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Quentec Asset Management LLC, Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Marshall Wace North America L.P., Granite Point Capital Management L.P., Cooper Creek Partners Management LLC, Northpointe Capital LLC and Mutual of America Capital 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 $5.58.