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NeoPhotonics (NPTN) Stock Tumbles on Q2 Earnings Guidance

NEW YORK (TheStreet) -- Shares of NeoPhotonics (NPTN - Get Report) are dipping by 12.9% to $11.61 on heavy trading volume Friday afternoon, after providing a weaker-than-expected earnings outlook for the 2016 second quarter.

After yesterday's closing bell, the San Jose, CA-based maker of communications networks components said it expects earnings per share between 8 cents and 15 cents on revenue of $97 million to $102 million for the full year.

Analysts are looking for earnings of 19 cents per share on revenue of $101.7 million.

For the 2016 first quarter...