|Bid||8.99 x 900|
|Ask||9.60 x 800|
|Day's Range||8.60 - 9.66|
|52 Week Range||5.75 - 14.14|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2021 - Aug 06, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.35|
NeoPhotonics Announces Cumulative Shipments of 2 Million Ultra-Narrow Linewidth Lasers for Coherent Transmission Systems
Shares of NeoPhotonics (NYSE: NPTN) were tumbling this morning after the company reported its first-quarter results late yesterday. "NeoPhotonics again delivered strong results in the first quarter, as we transition our business to cloud-centric," CEO Tim Jenks said in a press release. NeoPhotonics' management said second-quarter revenue will be between $59 million and $65 million.
NeoPhotonics (NPTN) delivered earnings and revenue surprises of 11.76% and 1.67%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?