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Acacia Communications: 3Q Earnings Snapshot

·1 min read

MAYNARD, Mass. (AP) _ Acacia Communications, Inc. (ACIA) on Monday reported third-quarter profit of $24.3 million.

The Maynard, Massachusetts-based company said it had net income of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 78 cents per share.

The company posted revenue of $158.5 million in the period.

Acacia Communications shares have increased 1.5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $68.85, an increase of 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACIA at https://www.zacks.com/ap/ACIA