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Applied Optoelectronics Reports Fourth Quarter and Year 2017 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, Feb. 21, 2018 (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 financial results for its fourth quarter and year ended Dec. 31, 2017. “We achieved revenue in the fourth quarter of $79.9 million, which was slightly below our expectations due to lower demand from our datacenter customers as they continue to evolve their network architectures. While our revenue came in slightly below expectations, I am pleased with our ability to continue to generate strong gross margin even in a price sensitive market,” said Dr. Thompson Lin, Applied Optoelectronics Inc. founder and CEO. “Even though we see inventory headwinds with one of our customers and the typical seasonality in Q1 due to fewer production days in China because of the Lunar New Year, we continue to expect the second half of 2018 to be stronger tha Show less Read more
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