Neophotonics Corp. Revenues Increase in 2015

Neophotonics Corp. has reported record revenues for 2015 of $339.4 million, an increase of 10.9 percent from $306.2 million in 2014.

GAAP net income for the full year was $3.7 million, an improvement from the net loss of $19.7 million in 2014. Adjusted EBITDA was $43.2 million, up from $12 million in 2014.

NeoPhotonics is a designer and manufacturer of advanced hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks.