Benzinga | Aug 3, 2021 04:14PM EDT

NeoPhotonics Q2 Adj. EPS $(0.22) Beats $(0.23) Estimate, Sales $65.00M Beat $62.28M Estimate

NeoPhotonics (NYSE:NPTN) reported quarterly losses of $(0.22) per share which beat the analyst consensus estimate of $(0.23) by 4.35 percent. This is a 237.5 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $65.00 million which beat the analyst consensus estimate of $62.28 million by 4.37 percent. This is a 37.00 percent decrease over sales of $103.17 million the same period last year.