Applied Optoelectronics Reports Third Quarter 2022 Results
Applied Optoelectronics, Inc. (AAOI)
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm
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US:NASDAQ Investor Relations:
investors.ao-inc.com/investor-relations
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Source: GlobeNewswire
SUGAR LAND, Texas, Nov. 03, 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 third quarter 2022 ended September 30, 2022. “While our revenue came in below our expectations, primarily due to a faster than expected decline in 40G revenue, we are encouraged by the continued demand in the CATV market and the stronger telecom market,” said Dr. Thompson Lin, Applied Optoelectronics Inc. Founder, President and Chief Executive Officer. “We generated the highest quarterly CATV revenue in the Company’s history in Q3, and we ended the quarter with a healthy backlog of CATV products. We continue to see good customer traction on 400G, with 400G revenue more than tripling compared to Q2, which we believe is the beginning of the anticipated ramp in this product family.” Third Quart
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- Applied Optoelectronics, Inc. (NASDAQ: AAOI) was upgraded by analysts at TheStreet from a "d" rating to a "c-" rating.MarketBeat
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Earnings
- 2/22/24 - Beat
AAOI
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- AAOI's page on the SEC website