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NPTN - Some Positives And Negatives From NeoPhotonics
NeoPhotonics Corporation
NPTN took some big hits in Q4 with the absence of Huawei, but it also scored gains as it embarked on life without the latter.
The positives from NPTN were offset by negatives, which included revising down the growth outlook due to softening demand and the prospect of more weakness ahead.
NPTN has recently benefited from acquisitions sweeping through the optical industry, but it's anyone's guess whether that will prove to be justified.
There are arguments to be made for or against NPTN, clouding the road ahead for NPTN.