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0 -0.0153061224489796 0.0306122448979591 0.0306122448979591 0.0306122448979591 -0.0408163265306123 -0.0306122448979592 -0.0713775510204082
Stock impact report

Applied Optoelectronics Reports Second Quarter 2022 Results

Applied Optoelectronics, Inc. (AAOI) 
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
Company Research Source: GlobeNewswire
SUGAR LAND, Texas, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its second quarter 2022 ended June 30, 2022. “Our second quarter revenue was adversely affected by a supply chain issue that resulted in a delay in the completion of several orders from a large CATV customer. We have since fulfilled and shipped substantially all of these orders and, although delayed, we have recognized the resulting revenue in Q3,” said Dr. Thompson Lin, Applied Optoelectronics Inc. Founder, President and Chief Executive Officer. “Despite the supply chain challenges we are encouraged by the continued robust demand in the CATV market and improved conditions in the telecom market. We continue to see good customer traction with our 400G products and we have received nearly $5 million in Show less Read more
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