wiredinUSA October 2013

INDEX

Fiber sales strengthening

Alliance Fiber Optic Products Inc is anticipating that Q3 sales will exceed its previous outlook, the result of stronger- than-expected customer orders during the period. Shares improved 14 percent to $23.15 in recent trading. Through the close, the stock has surged since the start of the year and risen 72 percent in the past three months. The company, a manufacturer of the high performance fiber optic components and integrated modules

used by communications equipment manufacturers, is now expecting net sales above $22 million, compared to its previous forecast of between $19.5 million and $20.5 million. "With increased demands for datacomm applications, customer orders have been stronger than expected," said chief executive, Peter Chang. The company expects to release its Q3 financial report and fiscal Q4 outlook during October.

wiredInUSA - October 2013

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