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This statistic highlights NeoPhotonic’s Revenue by Customers Worldwide, reported on a quarterly basis from Q1 2016 onwards.
Based in California, NeoPhotonics Corporation is an American public corporation company, founded in 1996. The company’s prime business is to develop, manufactures, and sell optoelectronic products that switch, receive, and transmit high speed digital optical signals for communications networks. These products include tunable lasers, transceivers, high bandwidth receivers, optical semiconductors, and 100 GBPS and above modules. The company completed its IPO on NYSE in February 2011. As of 2020, the company has a market capitalization of approximately $420 million.
NeoPhotonics majorly has three partners: Ciena, Huawei, and Fiberhome. Rest, the company deals with several other partners generating a significant amount of revenue cumulatively. NeoPhotonics is a partner to Ciena with an aim in expanding Wavelogic Ai technology for 400G applications. It is one of the biggest suppliers to Huawei of Access products designed for its Broadband FTTx systems and of advanced WDM Transport products. It is also serving Fiberhome with high-speed products for several years.
The year 2016
During the year, the revenue exponentially grew with significant growth with its Chinese partner, Huawei. In the first quarter, the overall jumped to $99.10 million, attributed to consistent growth from past quarters in Huawei, followed by growth in other partners. The revenue was constant with Ciena, offset by an unexpected increase in other unclassified partners in the subsequent quarters. In Q3, Huawei reported revenue of $50.62 million, which grew from last quarter offset by a decrease in revenue with other significant partners. In the previous quarter, the revenue rose to $109.80 million, attributed by minute growth in unclassified partners and Huawei.
The year 2017
After a substantial drop in the first quarter, the revenue growth was quite fluctuating concerning all major players. In Q1, the primary reason for the reduction in revenue attributed to its Chinese player, Huawei, which declined to $29.52 million. With minor fluctuations in the subsequent quarters, NeoPhotonics partnered with another player, Fiberhome. In the third quarter, the new partner, Fiberhome, added $7.82 million as revenue, which got offset by the drop in Ciena and other unclassified partners, leading to an overall revenue toll to $71.10 million. In the last quarter, each partner reported a growth in revenue, which boosted the total revenue to $76.60 million.
The year 2018
During the year, the growth seemed linear, with a substantial increase in the last quarter. Ciena and Huawei reported a minute growth in its revenue in the first quarter, offset by drop by other classified partners, leading to overall dropping at $68.59 million, compared to last quarter. In the subsequent quarters, the growth in major contributing partner Huawei, indemnified by other partners, leads to a constant revenue level. In the last quarter, the overall revenue jumped to $91.10 million, with significant progress in revenues of Huawei and other partners.
The year 2019
The growth in revenue is consistent throughout the year, with extraordinary growth in other unclassified partners, offset by a contraction in revenues of Huawei. In Q1, the overall revenue was $79.37 million, reduced from last quarter with shrinkage in revenues of all partners. From an unexpected drop in the previous quarter, the revenue levels of other partners thrust by more than 100%, taking the overall revenue levels to $81.69 million in Q2.
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