Applied Optoelectronics Expects Second 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, July 13, 2017 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ:AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, fiber-to-the-home (FTTH) and telecom markets, today announced certain preliminary unaudited financial results for its second quarter ended June 30, 2017. “I’m pleased to announce that we expect to deliver another record quarter with our top and bottom-line results expected to exceed our guidance,” said Dr. Thompson Lin, Applied Optoelectronics, Inc. founder, president and CEO. “Again this quarter, our results were driven by improvement in our manufacturing costs, capacity expansion and solid execution by our production team. We are pleased with our performance and look forward to sharing the additional details of our second quarter results on our conference call in August.” Second Quarter 2017 Preliminary Unaudited Financial Results+ Revenue of approximately $117.3 million, above t
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