Alliance Fiber Optic Products, Inc. , an innovative supplier of fiber optic components, subsystems and integrated modules for the fiber optic communication market, today reported its financial results for the first quarter ended March 31, 2015. Revenues for the first quarter of 2015 were $21,663,000, a 15% increase from revenues of $18,809,000 reported in the fourth quarter of 2014 and a 13% decrease from revenues of $24,882,000 reported in the first quarter of 2014.