Alliance Fiber Optic (NASDAQ:AFOP)
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From Jul 2019 to Jul 2024
Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP),
an innovative supplier of fiber optic components, subsystems, and
integrated modules for the optical network equipment market, today
announced its preliminary net sales for the quarter ended June 30,
2006. These results are subject to change as a result of final
management review and closing adjustments for the quarter and fiscal
year end.
For the 2nd quarter of 2006, the Company expects to report net
sales of above $6 million, exceeding previously stated revenue
guidance in the first quarter conference call. The Company's higher
than anticipated net sales in the second quarter of 2006 primarily
reflected stronger than expected bookings and continuous business
progress achieved in the quarter.
A more detailed review of second quarter results, as well as the
outlook for the third quarter of 2006 will be provided, when complete
second quarter results are announced on a conference call at 1:30 p.m.
(Pacific) on July 25, 2006. To participate in AFOP's conference call,
please call 877-407-9210 (US/Canada) or 201-689-8049 (Int'l), and the
confirmation number is 207081. A listen-only broadcast of the
conference call can be accessed on the Company's website at
http://www.afop.com. The conference call will also be available via
instant replay and on the Company website following the call.
In a separate announcement, AFOP has achieved full compliance with
the European Parliament's Restriction of the use of Hazardous
Substances (RoHS) Directive. The RoHS directive bans the use of
certain hazardous substances, including lead, mercury, cadmium,
hexavalent chromium, polybrominated biphenyls (PBB), and
polybrominated diphenyl ethers (PBDE) in electrical and electronic
equipment sold into Europe. AFOP has maintained an initiative to
remove these substances from its products for over a year and has been
shipping RoHS compliant products to customers since the first quarter
of this year.
About AFOP
Founded in 1995, Alliance Fiber Optic Products, Inc. designs,
manufactures and markets a broad range of high performance fiber optic
components and integrated modules. AFOP's products are used by leading
and emerging communications equipment manufacturers to deliver optical
networking systems to the long-haul, enterprise, metropolitan and last
mile access segments of the communications network. AFOP offers a
broad product line of passive optical components including
interconnect systems, couplers and splitters, thin film CWDM and DWDM
components and modules, fixed and variable optical attenuators, and
isolators and circulators. AFOP is headquartered in Sunnyvale,
California, with manufacturing and product development capabilities in
the United States, Taiwan and China. AFOP's website is located at
http://www.afop.com.
This press release contains forward-looking statements within the
meaning of Section 27(a) of the Securities Act of 1933 and Section
21(e) of the Securities Exchange Act of 1934, including statements
related to our expected net sales for the second quarter of 2006.
Actual results are subject to risks and uncertainties and could differ
materially from those projected. These risks and uncertainties include
final determination of net sales and adjustments that may be made in
connection with management review of the financial results for the
second quarter does not undertake to update any forward-looking
statements.