Benzinga | Aug 4, 2020 04:50PM EDT

NeoPhotonics Q2 Adj. EPS $0.16 Beats $0.12 Estimate, Sales $103.20M Beat $99.00M Estimate

NeoPhotonics (NYSE:NPTN) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 633.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $103.20 million which beat the analyst consensus estimate of $99.00 million by 4.24 percent. This is a 26.33 percent increase over sales of $81.69 million the same period last year.