Acacia Communications, Inc. (NASDAQ:ACIA) reported earnings of ($0.08) per share meeting Walls Streets expectations.

ME Staff
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Acacia Communications, Inc. (NASDAQ:ACIA) reported Q2 2018 earnings this Afternoon, coming in at ($0.08) per share, in-line Wall Street’s estimates of ($0.08) per Share. Revenue for the quarter came in at $65.00 million beating analyst estimates of $63.35 million

Recent Insider Trading for Acacia Communications, Inc. (NASDAQ:ACIA)

  • On 7/23/2018 Francis J. Murphy, Insider, sold 380 with an average share price of $33.31 per share and the total transaction amounting to $12,657.80.
  • On 7/2/2018 Francis J. Murphy, Insider, sold 281 with an average share price of $34.43 per share and the total transaction amounting to $9,674.83.
  • On 6/18/2018 Francis J. Murphy, Insider, sold 68 with an average share price of $34.67 per share and the total transaction amounting to $2,357.56.
  • On 5/14/2018 Benny P. Mikkelsen, CTO, sold 5,184 with an average share price of $35.94 per share and the total transaction amounting to $186,312.96.
  • On 5/14/2018 Bhupendra C. Shah, VP, sold 3,903 with an average share price of $35.94 per share and the total transaction amounting to $140,273.82.
  • On 5/14/2018 John F. Gavin, CFO, sold 3,712 with an average share price of $35.94 per share and the total transaction amounting to $133,409.28.



    About Company
    Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Its products include a series of low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are 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. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.

    Recent Analyst Rating for Acacia Communications, Inc. (NASDAQ:ACIA)



      Recent Trading for Acacia Communications, Inc. (NASDAQ:ACIA)
      Shares of Acacia Communications, Inc. closed the previous trading session at 33.66 up +1.25 3.86% with 34.05 shares trading hands.