Edition:
India

Acacia Communications Inc (ACIA.OQ)

ACIA.OQ on NASDAQ Stock Exchange Global Select Market

63.97USD
16 Aug 2019
Change (% chg)

$-0.51 (-0.79%)
Prev Close
$64.48
Open
$64.80
Day's High
$64.89
Day's Low
$63.78
Volume
102,578
Avg. Vol
334,964
52-wk High
$67.49
52-wk Low
$32.98

Latest Key Developments (Source: Significant Developments)

Acacia Communications Inc Qtrly GAAP Loss Per Share Of $0.05
Wednesday, 7 Aug 2019 

Aug 6 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS REPORTS SECOND QUARTER 2019 RESULTS.Q2 REVENUE $111.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $108.6 MILLION.QTRLY GAAP DILUTED LOSS PER SHARE OF $0.05.QTRLY NON-GAAP DILUTED EPS OF $0.42.Q2 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $108.6 MILLION -- REFINITIV IBES DATA.  Full Article

Cisco Intends To Acquire Acacia Communications
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Acacia Communications Inc ::CISCO INTENDS TO ACQUIRE ACACIA COMMUNICATIONS.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR APPROXIMATELY $2.6 BILLION.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE IN CASH.ACACIA COMMUNICATIONS INC - ACACIA EMPLOYEES WILL JOIN CISCO'S OPTICAL SYSTEMS AND OPTICS BUSINESS WITHIN NETWORKING AND SECURITY BUSINESS UNDER DAVID GOECKELER..ACACIA COMMUNICATIONS INC - CISCO INTEGRATING ACACIA TECHNOLOGY INTO CISCO'S NETWORKING PORTFOLIO.  Full Article

Acacia Communications - Anticipates Loss Of Huawei Sales In Q2 To Have Minimal Impact On Acacia's Total Revenue For Quarter
Friday, 17 May 2019 

May 17 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS PROVIDES UPDATE ON U.S. DEPARTMENT OF COMMERCE ENTITY LIST DESIGNATION OF HUAWEI AND AFFILIATES.ACACIA COMMUNICATIONS - ANTICIPATES LOSS OF HUAWEI SALES IN Q2 OF 2019 WILL HAVE A DE MINIMIS IMPACT ON ACACIA'S TOTAL REVENUE FOR QUARTER.ACACIA COMMUNICATIONS INC - CONTINUING TO MONITOR DEVELOPMENTS AFFECTING TRADE REGULATION AND TARIFFS, INCLUDING AS RELATED TO HUAWEI.ACACIA COMMUNICATIONS INC - AWARE OF ORDER BY U.S. DEPARTMENT OF COMMERCE RELATED TO HUAWEI TECHNOLOGIES CO LTD AND DESIGNATED AFFILIATES OF HUAWEI.ACACIA COMMUNICATIONS INC - ACACIA IS TAKING STEPS TO SUSPEND AFFECTED TRANSACTIONS AND INTENDS TO FULLY COMPLY WITH ORDER.ACACIA COMMUNICATIONS INC - FOR FISCAL YEAR ENDED DECEMBER 31, 2018, SALES TO HUAWEI REPRESENTED LESS THAN 1.5% OF ACACIA'S TOTAL REVENUE.ACACIA COMMUNICATIONS - DEVELOPMENTS/REGULATORY ACTIONS AGAINST HUAWEI MAY HAVE BROADER IMPACT ON OVERALL CONDITIONS IN MARKETS IN WHICH CO OPERATES.ACACIA COMMUNICATIONS INC - FOR THREE-MONTH PERIOD ENDED MARCH 31, 2019, SALES TO HUAWEI REPRESENTED LESS THAN 1.0% OF ACACIA'S TOTAL REVENUE.  Full Article

Acacia Communications Reports Fourth Quarter And Full Year 2018 Results
Friday, 22 Feb 2019 

Feb 21 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.QTRLY REVENUE OF $107.1 MILLION, INCREASED 23.7% YEAR-OVER-YEAR.QTRLY GAAP DILUTED EPS OF $0.22; QTRLY NON-GAAP DILUTED EPS OF $0.41.SEES Q1 2019 NON-GAAP DILUTED EPS $0.18 TO $0.34.SEES Q1 2019 REVENUE $96.0 MILLION TO $104.0 MILLION.Q1 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $92.6 MILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $102.9 MILLION -- REFINITIV IBES DATA.  Full Article

Microchip And Acacia Communications Collaborate To Enable First Flexible Rate Optical Transmission Up To 600G
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Acacia Communications Inc ::MICROCHIP AND ACACIA COMMUNICATIONS COLLABORATE TO ENABLE FIRST FLEXIBLE RATE OPTICAL TRANSMISSION UP TO 600G.MICROCHIP TECHNOLOGY INC. - FLEXE AND OTUCN ECOSYSTEM DESIGNED TO ENABLE MARKET TRANSITION TO FLEXIBLE OPTICAL NETWORKS.  Full Article

Acacia Communications Q4 GAAP Loss Per Share $0.52
Friday, 23 Feb 2018 

Feb 22 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 REVENUE FELL 39.2 PERCENT TO $86.6 MILLION.Q4 GAAP LOSS PER SHARE $0.52.QTRLY ‍NON-GAAP DILUTED EPS OF $0.27​.SEES ‍ Q1 REVENUE $67.0 MILLION TO $74.0 MILLION​.SEES ‍ Q1 NON-GAAP DILUTED EPS $0.01 TO $0.10​.Q4 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $88.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Photo

Cisco to buy optical gear maker Acacia for $2.8 billion to build 5G muscle

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.