NeoPhotonics Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year of 2012
January 22, 2013 at 06:34 pm IST
NeoPhotonics Corporation provided earnings guidance for the fourth quarter and full year of 2012. Currently, the company expects revenue in the fourth quarter of 2012 to be at the high-end of its projected range. The projected range was $58 million to $62 million. Non-GAAP gross margin in the fourth quarter of 2012 is expected to be below its projected range of 29% to 31%. Additionally, the company expects non-GAAP net income for the fourth quarter of 2012 to be within the range previously provided, which was breakeven to plus or minus $0.05 per share.
2012 full-year revenue would be in the range of $241 million to $245 million with a year-over-year growth rate in the range of 20% to 22%.