Acacia Communications Reports Second Quarter 2019 Results
ACACIA COMMUNICATIONS (ACIA)
Last acacia communications earnings: 2/18 04:01 pm
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ir.acacia-inc.com/investor-overview
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Source: GlobeNewswire
MAYNARD, Mass., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its second quarter ended June 30, 2019. Acacia Communications will not host a conference call to discuss its results for the second quarter of 2019 or provide forward guidance for the third quarter ending September 30, 2019, due to the previously announced proposed acquisition of Acacia Communications by Cisco Systems, Inc. Results for the Second Quarter of 2019 Revenue of $111.2 millionGAAP gross margin of 45.9%; non-GAAP gross margin* of 46.2%GAAP loss from operations of $7.8 million; non-GAAP income from operations* of $15.8 millionGAAP net loss of $2.0 million; non-GAAP net income* of $17.6 millionEBITDA* of $(4.8) million; adjusted EBITDA* of $18.8 millionGAAP diluted loss per share of $0.05; non-GAAP diluted EPS* of $0.42 *Non-GAAP gross margin, non-GAAP income from operati
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