Why NeoPhotonics Stock Is Falling

Chris Neiger, The Motley Fool
·2-min read
Why NeoPhotonics Stock Is Falling

Shares of NeoPhotonics (NYSE: NPTN) tumbled today after the company released its fourth-quarter results. Despite beating Wall Street's consensus earnings and revenue estimates, the company's stock fell. NeoPhotonics reported a non-GAAP loss per share of $0.14 in Q4, which was better than analysts' consensus estimate of a loss of $0.17 per share.