NPTN - NPTN STOCK NEWS

NeoPhotonics reported $95 million in revenue for Q2 2022, achieving a 46% year-over-year growth, despite supply chain issues impacting revenue by approximately $10 million. The company noted that products for 400G and above applications comprised 64% of revenue, reflecting a 105% increase year-over-year. GAAP operating profit improved to $6.4 million, up from a loss of $16.3 million in Q2 2021. Adjusted EBITDA was $13.2 million, emphasizing a notable recovery in performance. The company anticipates continued growth despite ongoing supply challenges.

NeoPhotonics Corporation (NYSE: NPTN) announced a conference call titled “The Quest for Chip-Scale Lidar” on June 13, 2022, at 11:00 AM ET, to discuss innovations in optical technologies for Lidar and autonomous vehicles. The webinar will highlight NeoPhotonics’ coherent communications technology, enabling chip-scale implementations for Lidar systems, addressing size, cost, and performance challenges in the automotive sector. Featured products include tunable lasers and photonic integrated beam scanners. The session will be hosted by key company executives.

NeoPhotonics Corporation (NYSE: NPTN) reported Q1 2022 revenue of $89.3 million, up 47% year-over-year, driven by strong demand for its 400G and above products, which grew over 70%. Despite semiconductor supply chain challenges affecting revenue by approximately $10 million, the company is shipping production volumes of 400ZR modules. Gross margin improved to 30.6%, and non-GAAP operating income stood at $2.8 million. The Lumentum acquisition remains on track with shareholder approval. However, ongoing IC chip shortages may impact future results.

NeoPhotonics Corporation (NYSE: NPTN) has announced the shipment of over 1 million single and quad drivers for PAM4 transceivers, which are essential for hyperscale data center networks. Their 53 Gbaud PAM4 driver IC is optimized for high-speed applications, including 100 Gbps and 400 Gbps transceivers. The drivers are now in volume production, offering enhanced power efficiency with more than 20% power reduction. Future models under development aim for a 50% power savings, showcasing NeoPhotonics' commitment to technological advancement in optical communications.

NeoPhotonics Corporation (NYSE: NPTN) has launched a new Radiation Tolerant Nano ultra-pure light tunable laser designed for low earth orbit satellite communications. This laser enhances reliability in harsh radiation environments and maintains performance without significant additional costs. The innovation addresses the shift from microwave to coherent optical technology in satellite communications, facilitating high-bandwidth connections. The company's advancements in radiation-tolerant software further improve stability and recovery of the control electronics used in these lasers.

NeoPhotonics Corporation (NYSE: NPTN) has announced its OSFP and QSFP-DD 400ZR transceivers will be featured in the OIF interoperability demos at OFC 2022, aiming to enhance 400ZR eco-system adoption. This demonstration, occurring March 8-10 in San Diego, CA, showcases interoperability across various manufacturers' products. CEO Tim Jenks emphasized that this participation is key to establishing 400ZR interoperability, crucial for modern high-speed communications networks. The company remains dedicated to innovating high-speed optical solutions for Cloud and telecom sectors.

NeoPhotonics Corporation (NYSE: NPTN) showcases advancements in silicon photonics technology at the OFC, enabling 800G+ performance for hyperscale data centers and telecom networks. Demonstrations include 120Gbaud operation for various applications, such as 800Gb/s long-haul transmissions over 1500km. The company emphasizes the potential for pluggable modules at 800G speeds, enhancing cloud and data center operations. Presentations at the Optical Fiber Communications Conference will further detail these innovations.

NeoPhotonics Corporation (NPTN) reported strong fourth-quarter 2021 results, with revenues of $80.6 million, an 18% increase year-over-year, despite supply chain challenges impacting revenue by over $15 million. Products for 400G and above applications grew by 70% year-over-year to $148 million. Gross margin improved to 25.6% year-over-year, though decreased sequentially due to supply chain constraints. The proposed acquisition by Lumentum was approved and is expected to close in H2 2022. The company reported a net loss per share of $0.20, an improvement from the previous year's loss of $0.23.

NeoPhotonics Corporation (NYSE: NPTN) announces the sample availability of its Open ZR+ QSFP-DD transceivers aimed at enhancing performance in hyperscale data centers and telecom networks. These transceivers leverage low noise tunable lasers and advanced technology to support data rates from 100Gb/s to 400Gb/s. The new product addresses network reach challenges and is designed for metro and IP-over-DWDM applications, promising significant improvements over traditional solutions. CEO Tim Jenks highlighted that the ability to transmit 400Gb/s over distances up to 800km positions the company as a leader in the sector.