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Fly News Breaks for April 7, 2017
NPTN
Apr 7, 2017 | 08:45 EDT
Craig-Hallum analyst Richard Shannon notes that NeoPhotonics' CFO resignation appears to be a mutual decision and not related to any disagreements, and expects the company to search for a more strategic person with more telecom experience. The analyst also says that while CFO resignations are usually not taken well, it likely does not imply any future issues. He reiterates a Buy rating on the shares.
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