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Technology Stocks : Acacia Communications
ACIA 114.990.0%Mar 1 3:00 PM EDT
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From: FJB2/24/2017 6:19:17 AM
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As noted in our earnings press release in the first quarter of 2017, we expect total revenue to be between $108 million and $114 million representing year-over-year growth of 28% to 35%. We expect non-GAAP net income to be in the range of $27 million to $30 million representing year-over-year growth of 85% to 106% and non-GAAP diluted earnings in the range of $0.63 to $0.70 per share based on anticipated 42.3 million diluted shares outstanding compared to non-GAAP diluted earnings of $0.44 per share in the first quarter of 2016 based on 33.3 million diluted share outstanding.

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