 |
 |
Date Announced: 06 Oct 2011
Photonic component maker slashes Q3 guidance by around 10% from its previous estimate.
SAN JOSE, Calif.--(BUSINESS WIRE)-- NeoPhotonics Corporation (NYSE:NPTN - News), plans to report financial results for the third quarter ended September 30, 2011, during the week of October 31, 2011. The company will announce the date and time for the report later this month. The company also announced that the preliminary estimate for revenue for the third quarter of 2011 will be below its previously announced projections.
The preliminary revenue estimate for the third quarter is in the range of $43 to $45 million. On August 4, 2011, the company provided its projections for the third quarter ending September 30, 2011, for revenue of $48 to $53 million. The revised estimate for the third quarter reflects lower than expected revenue from the company’s largest customer.
NeoPhotonics will provide further commentary on this issue and its potential impact on the company’s fourth quarter results during its third quarter financial results conference call the week of October 31, 2011.
Source: Neophotonics
E-mail: ir@neophotonics.com
Web Site: www.neophotonics.com
| © 2024 SPIE Europe |
|
