- NeoPhotonics double-digit growth in revenue and net income in Q3 was overshadowed by the forecast of big declines in Q4 due to losing Huawei as a customer.
- NeoPhotonics points to growing demand for high-speed products as justification why it believes it can overcome the Huawei loss in fairly short order.
- There are increasing reports of a slowdown in at least some industries NeoPhotonics is counting on to drive demand going forward.
- While it can be argued future trends favor NeoPhotonics, the company may be underestimating the severity of the situation similar to how it did not that long ago.
For further details see:
Pitfalls Remain For NeoPhotonics Even If It Is Optimistic About Life Without Huawei