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0.00144682903303598 0.000610079575596852 0.00239691343139626 0.00434048709910778 -0.00831685555823476 0.0097371593923319 0.00463949843260203 -0.00361707258258979
Stock impact report

Why Applied Optoelectronics Inc. Shares Are Soaring Today [The Motley Fool]

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: The Motley Fool
The optical networking specialist delivered a classic beat-and-raise performance in the second quarter. Anders Bylund ( TMFZahrim ) Aug 8, 2018 at 12:01PM What happened Shares of Applied Optoelectronics Inc. ( NASDAQ:AAOI ) jumped as much as 23.6% higher in Wednesday's morning session, following the release of strong second-quarter results. By 11 a.m. EDT, the stock had cooled down somewhat to a 15% overnight gain. So what The maker of fiber-optic networking modules and components saw second-quarter sales falling 25% year over year to land at $87.8 million, comfortably ahead of Wall Street's $77.8 million expectations. On the bottom line, adjusted earnings decreased 58% to $0.64 per diluted share, also far above analysts' $0.45 expectations. Looking ahead, AOI centered its third-quarter earnings guidance around $0.65 per share, just ahead of Show less Read more
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