Alliance Fiber Optic Products Announces Preliminary Fourth Quarter Net Sales; Q4 2004 Results to Exceed Revenue Guidance
Posted on: Thursday, 20 January 2005, 18:00 CST
Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP) today announced its preliminary net sales for the quarter ended December 31, 2004. 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 fourth quarter of 2004, the Company expects to report net sales of approximately $4.5 million exceeding previously stated revenue guidance in the third quarter conference call. The Company's higher than anticipated net sales in the fourth quarter of 2004 primarily reflected stronger than expected bookings in the fourth quarter.
A more detailed review of fourth quarter results as well as the outlook for the first quarter of 2005 will be provided when complete fourth quarter and fiscal year end results are announced on a conference call at 2:30 p.m. (Pacific) on January 31, 2005. Per an earlier announcement, please note the time of the call has been revised from the original time of 1:30 p.m. A listen-only broadcast of the conference call can be accessed on the Company's website at www.afop.com or by calling 800-374-0514 (reservation# 3520635). The conference call will also be available via instant replay and on the Company website following the call. The dial in for the instant replay is 800-642-1687 or 706-645-9291.
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, 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 DWDM components and modules, fixed and variable optical attenuators, and depolarizers. 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 fourth quarter of 2004. 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 fourth quarter and fiscal year end. AFOP does not undertake to update any forward-looking statements.
Source: Business Wire
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