DA Davidson downgraded NeoPhotonics from Buy to Neutral and set a new price target of $16.00 from $15.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/24/2022 | $16.00 | Neutral | Rosenblatt |
| 11/8/2021 | Outperform → Market Perform | Northland Capital Markets | |
| 11/5/2021 | $16.00 | Buy → Neutral | Rosenblatt |
| 11/5/2021 | $15.00 → $16.00 | Buy → Neutral | DA Davidson |
| 11/5/2021 | $16.00 | Buy → Neutral | B. Riley Securities |
| 11/4/2021 | $15.00 → $16.00 | Buy | Needham |
| 9/9/2021 | Underperform → Market Perform | Raymond James |
Rosenblatt initiated coverage of NeoPhotonics with a rating of Neutral and set a new price target of $16.00
Northland Capital Markets downgraded NeoPhotonics from Outperform to Market Perform
Rosenblatt downgraded NeoPhotonics from Buy to Neutral and set a new price target of $16.00
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James ("J.D.") Fay to its board of directors. Mr. Fay will also serve as a member of the board's audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. (NASDAQ:MTTR), brings over two decades of financial strategy and operational expertise to Mitek, having played a key role in scaling technology companies from early growth stages to IPO and acquisition. "We are thrilled to welcome J.D. to our board and believe his extensive experience in financial strategy and guiding companies through growth and t
SAN JOSE, Calif., July 29, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ:LITE) ("Lumentum") and NeoPhotonics Corporation (NYSE:NPTN) ("NeoPhotonics") today announced, in connection with Lumentum's pending acquisition of NeoPhotonics, that Lumentum has obtained antitrust clearance from the People's Republic of China's State Administration for Market Regulation. This clearance satisfies the acquisition's closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approval in the People's Republic of China. As such, Lumentum currently expects that the NeoPhotonics acquisition will close on or around August 3, 2022. Under the terms of merger
Revenue of $95.0 million represents 46% year-over-year growth over same quarter last year Second sequential quarter with 45+% year-over-year growth; first half revenue of $184 million up 46% from same period last year $61 million of revenue from products for 400G and above applications, contributing 64% of revenue and representing approximately 105% year-over-year growth GAAP Operating Profit of $6.4 million, up from a loss of $16.3 million in the same period last year on the strength of the 400G product ramp NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwid
Revenue of $95.0 million represents 46% year-over-year growth over same quarter last year Second sequential quarter with 45+% year-over-year growth; first half revenue of $184 million up 46% from same period last year $61 million of revenue from products for 400G and above applications, contributing 64% of revenue and representing approximately 105% year-over-year growth GAAP Operating Profit of $6.4 million, up from a loss of $16.3 million in the same period last year on the strength of the 400G product ramp NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwid
NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high-speed communications networks, today announced management will host a conference call entitled "The Quest for Chip-Scale Lidar" to discuss trends in optical and related technologies for Lidar and autonomous vehicles on Monday, June 13, 2022 at 11:00 am ET. The session will focus on the application of coherent communications technologies developed by NeoPhotonics for high-speed optical networks to new Coherent, or FMCW, Lidar for autonomous vehicles. NeoPhotonics' has developed, manufactured and ship
Revenue of $89.3 million represents 47% year-over-year growth over same quarter last year $54 million of revenue from products for 400G and above applications, representing over 70% year-over-year growth Now shipping production volume of 400ZR modules to Cloud and data center customers NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high-speed communications networks, today announced financial results for its first quarter of 2022. "Our business remains on a strong growth path with revenue of $89 million, 47% above the same quarter last year. O
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Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James ("J.D.") Fay to its board of directors. Mr. Fay will also serve as a member of the board's audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. (NASDAQ:MTTR), brings over two decades of financial strategy and operational expertise to Mitek, having played a key role in scaling technology companies from early growth stages to IPO and acquisition. "We are thrilled to welcome J.D. to our board and believe his extensive experience in financial strategy and guiding companies through growth and t
NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, today announced the appointment of Bradford W. Wright as the Company's Senior Vice President of Global Sales. Mr. Wright brings to NeoPhotonics his 25 years of experience in the communications and semiconductor industries. Most recently, Mr. Wright was employed as the head of Worldwide Component Sales and Applications at Cisco Systems, following their acquisition of Acacia Communications, where he was Vice President of Sales from January 2018. From January 2016 to Jan
NeoPhotonics Corporation (NYSE:NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, today announced that Sheri L. Savage has been appointed to its Board of Directors. Ms. Savage has served as Chief Financial Officer of Ultra Clean Holdings, Inc. (UCT), a supplier for critical subsystems for semiconductor capital equipment, since July 2016. Ms. Savage previously served as Senior Vice President of Finance, Chief Accounting Officer and other senior finance roles at UCT since 2009. Prior to joining UCT, Ms. Savage served at Credence Systems Corporation,
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