Acacia Communications, Inc. (ACIA) Trading at $25.63 after Plunge on Apr, 17

April 16, 2018 - By Michele Cranor

Acacia Communications, Inc. (NASDAQ:ACIA) decreased significantly to $25.63. The move was posted on Apr, 17 by Barchart.com It has $1.03 billion MC. At $23.32 price target, the company’s valuation could be $92.43 million less.

Analysts await Acacia Communications, Inc. (NASDAQ:ACIA) to report earnings on May, 8. They expect $-0.07 earnings per share, down 108.14 % or $0.93 from last year’s $0.86 per share. After $0.12 actual earnings per share reported by Acacia Communications, Inc. for the previous quarter, Wall Street now forecasts -158.33 % negative EPS growth.

Acacia Communications, Inc. develops, makes, and sells high-speed coherent optical interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.The firm is valued at $1.03 billion. The Company’s products include a series of low-power coherent digital signal processors application-specific integrated circuits and silicon photonic integrated circuits integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per second for use in long-haul, metro, and inter-data center markets.27.86 is the P/E ratio. The firm sells its products through a direct sales force to network equipment manufacturers.

Acacia Communications, Inc. (NASDAQ:ACIA) Analyst Ratings Chart

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