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NeoPhotonics Q2 Revenue Exceeding Projections

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SAN JOSE, Calif., July 13, 2012 — 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. 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...Read full article

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    Published: July 2012
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    access networksAmericasBusinessCaliforniacompany revenuefiber opticsfinancial statementhigh-speed client applicationshigh-speed coherent networksNeoPotonics Corp.photonic integrated circuitsphotonicsPIC

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