ACIA - Acacia Communications, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
67.12
+0.11 (+0.16%)
At close: 4:00PM EST
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Previous Close67.01
Open67.07
Bid67.00 x 800
Ask68.00 x 1400
Day's Range66.96 - 67.25
52 Week Range36.00 - 67.99
Volume123,543
Avg. Volume358,689
Market Cap2.77B
Beta (3Y Monthly)1.73
PE Ratio (TTM)101.08
EPS (TTM)0.66
Earnings DateFeb. 19, 2020 - Feb. 24, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est68.78
  • Acacia Communications, Inc. (ACIA) Hits Fresh High: Is There Still Room to Run?
    Zacks

    Acacia Communications, Inc. (ACIA) Hits Fresh High: Is There Still Room to Run?

    Acacia Communications, Inc. (ACIA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Timing the Market, Is it Possible? - November 12, 2019
    Zacks

    Timing the Market, Is it Possible? - November 12, 2019

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • GlobeNewswire

    Acacia Communications Announces Regulatory Approval in Germany for Proposed Acquisition by Cisco Systems, Inc.

    Acacia Communications, Inc. (ACIA), a leading provider of high-speed coherent optical interconnect products, today announced that it has received regulatory clearance from the German Federal Cartel Office with respect to with the proposed acquisition of Acacia Communications by Cisco Systems, Inc. (CSCO). This clearance satisfies one of the conditions to the closing of the acquisition, which remains subject to customary closing conditions, including antitrust approval in China. Acacia previously announced that the acquisition had also received regulatory clearance in the United States and Austria.

  • Acacia Communications (ACIA) and Cornerstone On Demand (CSOD) Are Aggressive Growth Stocks
    Zacks

    Acacia Communications (ACIA) and Cornerstone On Demand (CSOD) Are Aggressive Growth Stocks

    A look at two more stocks for your aggressive growth stock radar screen.

  • Qorvo (QRVO) Soars to 52-Week High, Time to Cash Out?
    Zacks

    Qorvo (QRVO) Soars to 52-Week High, Time to Cash Out?

    Qorvo (QRVO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Acacia Communications, Inc. (ACIA) Upgraded to Strong Buy: Here's Why
    Zacks

    Acacia Communications, Inc. (ACIA) Upgraded to Strong Buy: Here's Why

    Acacia Communications, Inc. (ACIA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).

  • New Strong Buy Stocks for November 7th
    Zacks

    New Strong Buy Stocks for November 7th

    New Strong Buy Stocks for November 7th

  • Acacia Communications, Inc. (ACIA) Tops Q3 Earnings and Revenue Estimates
    Zacks

    Acacia Communications, Inc. (ACIA) Tops Q3 Earnings and Revenue Estimates

    Acacia Communications, Inc. (ACIA) delivered earnings and revenue surprises of 42.86% and 2.97%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Acacia Communications Reports Third Quarter 2019 Results

    MAYNARD, Mass., Oct. 30, 2019 -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial.

  • Simple Market Timing Strategies That Work - October 23, 2019
    Zacks

    Simple Market Timing Strategies That Work - October 23, 2019

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  • GlobeNewswire

    Acacia Communications Announces Expiration of the HSR Waiting Period for Proposed Acquisition by Cisco Systems, Inc.

    MAYNARD, Mass., Sept. 27, 2019 -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced that the.

  • How to Time the Markets Like an Investing Pro - September 26, 2019
    Zacks

    How to Time the Markets Like an Investing Pro - September 26, 2019

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • GlobeNewswire

    Acacia Communications and NTT Electronics Announce Testing to Demonstrate Interoperability Between OpenZR+ Coherent DSPs

    The OpenZR+ mode leverages elements from both 400ZR and OpenROADM industry standardization efforts, both of which appear to be gaining industry momentum. The OpenZR+ implementation was designed to enable enhanced functionality and improved performance in pluggable form factors, such as QSFP-DD and OSFP, in order to support multi-vendor interoperability.  The 400ZR effort driven by the Optical Internetworking Forum (OIF), is focused on data center interconnects (DCIs), while the OpenROADM effort is focused on carrier applications.  Acacia and NEL will be sharing interoperability results between their OpenZR+ enabled DSPs at the 45th European Conference on Optical Communication (ECOC) on September 22-26 in Dublin, Ireland.

  • GlobeNewswire

    Acacia Communications to Demonstrate Industry-First Coherent 1.2T Single-Chip, Single-Channel Module

    “We believe that Acacia’s industry-first innovation of a 1.2T single-channel transmission via a single-chip coherent module will help our customers address the needs of network operators,” said Benny Mikkelsen, Chief Technology Officer of Acacia Communications.

  • The Market Timing Secrets No One Talks About - September 05, 2019
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    The Market Timing Secrets No One Talks About - September 05, 2019

    In the long-run, does consistent market timing really matter to be a successful investor?

  • ACCESSWIRE

    SHAREHOLDER ALERT: Monteverde & Associates PC Launches an Investigation Regarding the Following Buyout

    NEW YORK, NY / ACCESSWIRE / August 16, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...

  • Cisco Falls on Lackluster Sales Forecast Amid Trade Concerns
    Bloomberg

    Cisco Falls on Lackluster Sales Forecast Amid Trade Concerns

    (Bloomberg) -- Cisco Systems Inc. plummeted the most in almost six years after the company gave a lackluster sales forecast, indicating the U.S.-China trade dispute and a slowing global economy are leading customers to delay updates of their computer networks.Chief Executive Officer Chuck Robbins is trying to turn Cisco into more of a software and services company, but the transformation is being stymied by the trade war and its impact on corporate spending. The company still gets the majority of sales from machines that are the backbone of the internet, making it an economic bellwether. The CEO said some customers are showing more caution because of escalating trade tensions.“They’re just hedging their bets relative to some resolution on this stuff,” Robbins said. “We did see in July some slight early indications of some macro shifts that we didn’t see in the prior quarter.” Robbins said Wednesday.Cisco shares declined 8.6% to $46.25 at the close in New York, the biggest single-day fall since November 2013. It was the worst performer Thursday on the Dow Jones Industrial Average. Even with Thursday’s drop, the stock has gained 6.7% this year.Cisco said sales in the fiscal first quarter will be flat to an increase of as much as 2% from the period a year earlier. That implies revenue of as little as $12.9 billion, compared with analysts’ average estimate of $13.4 billion. Adjusted profit will be 80 cents to 82 cents a share, the San Jose, California-based company said Wednesday in a statement.In the fourth quarter, which ended July 27, total orders were unchanged. Emerging markets bookings were down and the Asia Pacific region saw a decline of 8%, Chief Financial Officer Kelly Kramer said on a conference call with analysts.While Cisco gets less than 3% of revenue from China, business there has dropped “dramatically,” Robbins said. State-owned enterprises and some Chinese telecom providers that had used small amounts of Cisco machinery are not interested in bids from the company amid the current trade tension, he explained.Fiscal fourth-quarter net income fell to $2.2 billion, or 51 cents a share, from $3.8 billion, or 81 cents, a year earlier. Revenue was $13.4 billion, a seventh quarterly expansion. Excluding certain items, Cisco posted profit of 83 cents a share, compared with the average analyst estimate of 82 cents, according to data compiled by Bloomberg.Orders in the Americas and Europe increased, albeit slowly. Bookings from service providers, such as telecom and cable-TV operators, slumped 21%, while government and commercial customers sought more gear than they had a year earlier, Cisco said.Cable companies aren’t buying new equipment -- instead, they’re trying to wring as much life as they can out of their existing gear, Robbins said in an interview. The phone-service providers are spending on consumer 5G, or fifth generation, networks. These customers will shift investment to Cisco’s gear, which lives in their data centers, when they’re deploying business services on those new networks that require greater traffic management, he said.Robbins said he sees little need for concern that the overall economy is about to drop.“There’s a lot of geopolitical dynamics, and I’ve said multiple times that I’ve been shocked how well the macro has held up,” he said. “In most of the world it wasn’t terrible at all. I would not make it a broad-based assertion yet.”In the recent period, Cisco’s hardware business generated sales of $7.88 billion, a gain of 6%. Applications, its software unit, was up 11% at $1.49 billion and security revenue jumped 14% to $714 million.Cisco is the biggest maker of routers, switches and other gear used to connect computers. The company gets a tiny percentage of sales from China, where it’s been largely locked out of the market. Almost 60% of revenue comes from the Americas region.Under Robbins, Cisco has made a string of acquisitions to build a software and services business. Earlier this month, it announced plans to buy closely held Voicea, a maker of software that provides real-time transcription and voice search capabilities.Cisco is still buying hardware companies, too. In July, it agreed to acquire Acacia Communications Inc. for about $2.6 billion, gaining chips and machines that help translate optical signals into electronic data.(Updates with share price in the fourth paragraph.)To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cisco Systems (CSCO) Q4 Earnings & Revenues Beat Estimates
    Zacks

    Cisco Systems (CSCO) Q4 Earnings & Revenues Beat Estimates

    Cisco (CSCO) is benefiting from its expanding footprint in the rapidly growing security market. Further, partnerships and accretive acquisitions will boost its revenue base.

  • GlobeNewswire

    Shareholder Investigation Alert: Halper Sadeh LLP is Investigating Whether The Sale of These Companies is Fair to Shareholders – CBM, GCI, WAIR, ACIA

    NEW YORK, Aug. 14, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cambrex Corporation (NYSE: CBM)The.

  • GlobeNewswire

    SHAREHOLDER ALERT: WeissLaw LLP Reminds PCMI, WAGE, and ACIA Shareholders About Its Ongoing Investigations

    NEW YORK, Aug. 13, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or.

  • Yes, You Can Time the Market. Find out How - August 08, 2019
    Zacks

    Yes, You Can Time the Market. Find out How - August 08, 2019

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • GlobeNewswire

    NCI, ACIA, and RTEC SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

    WILMINGTON, Del., Aug. 07, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Navigant Consulting, Inc. (NYSE: NCI) regarding possible breaches of.

  • Acacia Communications, Inc. (ACIA) Q2 Earnings and Revenues Surpass Estimates
    Zacks

    Acacia Communications, Inc. (ACIA) Q2 Earnings and Revenues Surpass Estimates

    Acacia Communications, Inc. (ACIA) delivered earnings and revenue surprises of 16.67% and 2.30%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Acacia Communications Reports Second Quarter 2019 Results

    MAYNARD, Mass., Aug. 06, 2019 -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial.

  • GlobeNewswire

    SHAREHOLDER INVESTIGATION ALERT: Halper Sadeh LLP Reminds Investors That It Is Investigating Whether the Sale of These Companies Is Fair to Shareholders – UBNK, ACIA, TOWR, MCRN

    NEW YORK, July 31, 2019 -- Halper Sadeh LLP, a global investor rights law firm, reminds investors that it is investigating the following companies: United Financial Bancorp,.