NeoPhotonics (NPTN) +17.2% AH after stating it expects Q2 revenue to exceed a prior guidance...

|About: NeoPhotonics Corporation (NPTN)|By:, SA News Editor

NeoPhotonics (NPTN) +17.2% AH after stating it expects Q2 revenue to exceed a prior guidance range of $55M-$61M (the consensus stands at $58M) thanks to strong demand for a variety of optical component products. The news is a welcome change of pace for an industry struggling to deal with soft telecom capex and price pressure. FNSR +1.1% in sympathy. (PR)