Applied Optoelectronics Expects First Quarter 2017 Results to Exceed Guidance
Applied Optoelectronics, Inc. (AAOI)
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm
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Source: GlobeNewswire
SUGAR LAND, Texas, April 12, 2017 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ:AAOI), a leading provider of fiber-optic network products for the internet datacenter, cable broadband, fiber-to-the-home and telecom markets, today announced certain preliminary unaudited financial results for its first quarter ended March 31, 2017. “We delivered another strong quarter with our top and bottom-line results expected to exceed our guidance,” said Dr. Thompson Lin, Applied Optoelectronics, Inc. founder, president and CEO. “Our results were driven by continued robust demand for our market-leading datacenter products and solid execution. We are pleased with our momentum and look forward to sharing the additional details of our first quarter performance on our conference call in May.” First Quarter 2017 Preliminary Unaudited Financial Results+ Revenue of approximately $96.2 million, above the prior outlook of $87.0 million to $91.0 million.GAAP and non-GAAP gross margin in the r
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News
- Applied Optoelectronics, Inc. (NASDAQ: AAOI) had its price target raised by analysts at Rosenblatt Securities from $20.00 to $27.50. They now have a "buy" rating on the stock.MarketBeat
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- Applied Optoelectronics, Inc. (NASDAQ: AAOI) had its price target raised by analysts at Northland Securities from $18.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Applied Optoelectronics, Inc. (NASDAQ: AAOI) had its price target raised by analysts at Raymond James from $17.00 to $23.00. They now have an "outperform" rating on the stock.MarketBeat
AAOI
Earnings
- 11/7/24 - Beat
AAOI
Sec Filings
- 11/8/24 - Form 144
- 11/8/24 - Form 144
- 11/8/24 - Form SC
- AAOI's page on the SEC website