Last $13.38 USD
Change Today +0.24 / 1.83%
Volume 892.1K
AFOP On Other Exchanges
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As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

alliance fiber optic product (AFOP) Snapshot

Open
$13.06
Previous Close
$13.14
Day High
$13.42
Day Low
$12.80
52 Week High
09/19/13 - $23.94
52 Week Low
02/5/14 - $11.16
Market Cap
247.1M
Average Volume 10 Days
868.6K
EPS TTM
$1.25
Shares Outstanding
18.5M
EX-Date
12/4/13
P/E TM
10.7x
Dividend
$0.15
Dividend Yield
1.12%
Current Stock Chart for ALLIANCE FIBER OPTIC PRODUCT (AFOP)

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alliance fiber optic product (AFOP) Details

Alliance Fiber Optic Products, Inc. designs, manufactures, and markets various fiber optic components and integrated modules for communications equipment manufacturers and service providers in North America, Europe, and Asia. It provides connectivity products, including connectivity modules; optical connectors, adapters, and cable assemblies; fused and planar fiber optical splitters and couplers; optical tap couplers and ultra low polarization dependent loss tap couplers; amplifier wave division multiplexers (WDM) couplers; optical fixed attenuators; fused fiber WDM couplers; and fiber array units. The company also offers optical passive products comprising filter WDMs, amplifier filter WDMs, dense wave division multiplexers (DWDMs), coarse wavelength division multiplexers, compact coarse wavelength division multiplexers, add/drop DWDM filters, optical isolators, optical bypass switches, and automatic variable optical attenuators. Alliance Fiber Optic Products, Inc. was founded in 1995 and is headquartered in Sunnyvale, California.

1,514 Employees
Last Reported Date: 03/14/14
Founded in 1995

alliance fiber optic product (AFOP) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $529.5K
Acting Chief Financial Officer and Principal ...
Total Annual Compensation: $135.6K
Executive Vice President of Sales and Marketi...
Total Annual Compensation: $289.5K
Compensation as of Fiscal Year 2013.

alliance fiber optic product (AFOP) Key Developments

Alliance Fiber Optic Products Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Revenue Guidance for the Third Quarter and Earnings Guidance for the Fiscal Year 2014

Alliance Fiber Optic Products Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s revenues were $24,199,000 against $19,039,000 a year ago. Income from operations was $6,567,000 against $4,445,000 a year ago. Net income before tax was $6,753,000 against $4,608,000 a year ago. Net income was $3,782,000 against $4,282,000 a year ago. Basic and diluted EPS was $0.20 against diluted EPS of $0.23 a year ago. Non-GAAP income from operations was $7,097,000 compared to $4,856,000 for the same period a year ago. Non-GAAP net income for the quarter ended June 30, 2014 increased to $6,446,000, or $0.35 per share, compared to non-GAAP net income of $4,693,000, or $0.27 per share, for the second quarter of 2013. Non-GAAP EBITDA was $7,807,000 against $5,323,000 for the same period a year ago. Although the company’s second quarter revenues fell short of previous guidance, due to lower than expected demand from one key customer, sales in the second quarter increased 27% from the year ago quarter. The company is encouraged by increased sales to telecom customers and European customers during the quarter. For the six months, the company’s revenues were $49,081,000 against $31,192,000 a year ago. Income from operations was $13,037,000 against $6,212,000 a year ago. Net income before tax was $13,370,000 against $6,508,000 a year ago. Net income was $8,797,000 against $6,132,000 a year ago. Diluted EPS was $0.46 against $0.34 a year ago. Non-GAAP net income was $12,837,000, or $0.67 per share, compared to $6,823,000, or $0.38 per share a year ago. Non-GAAP income from operations was $14,284,000 compared to $6,903,000 for the same period a year ago. Non-GAAP EBITDA was $15,648,000 against $7,797,000 for the same period a year ago. Based on input from customers and current orders, the company expects revenues in the third quarter to be at a similar level to the second quarter. Despite relatively flat revenues in these three quarters, the company continues being encouraged by the prospect of emerging business growth in the coming years, because of increasing data bandwidth demands driving the next growth cycle in the fiber optics industry. In the meantime, the company expects to deliver record annual sales and profits in fiscal year 2014.

Alliance Fiber Optic Products Inc. to Report Q2, 2014 Results on Jul 28, 2014

Alliance Fiber Optic Products Inc. announced that they will report Q2, 2014 results on Jul 28, 2014

Alliance Fiber Optic Products Inc., Q2 2014 Earnings Call, Jul 28, 2014

Alliance Fiber Optic Products Inc., Q2 2014 Earnings Call, Jul 28, 2014

 

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Industry Analysis

AFOP

Industry Average

Valuation AFOP Industry Range
Price/Earnings 11.6x
Price/Sales 2.6x
Price/Book 2.7x
Price/Cash Flow 11.3x
TEV/Sales 2.0x
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