Welcome to our dedicated page for Applied Optoelec news (Ticker: AAOI), a resource for investors and traders seeking the latest updates and insights on Applied Optoelec stock.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) generates frequent news as a developer and manufacturer of optical and HFC networking products that support AI datacenters, CATV and broadband fiber access networks. News coverage for AAOI often centers on product announcements, customer orders, operational expansion and financial results that reflect activity in its internet data center, CATV, telecom and fiber-to-the-home (FTTH) markets.
Investors following AAOI news will see updates on high-speed optical transceivers and semiconductor lasers, including announcements of 800G data center transceivers for hyperscale customers and ultra high-power pump lasers designed for silicon photonics and co-packaged optics in AI data centers. The company also issues news about its QuantumLink HFC Remote Management software, such as new AI, analytics, alarms and network map modules intended to enhance broadband network operations.
Another key category of AAOI news involves corporate and operational developments. The company and the City of Sugar Land have announced plans to expand AOI’s operations by onshoring part of its international manufacturing to Sugar Land, including a new facility for manufacturing optical transceivers for AI-focused data centers. Additional items include lease agreements for facilities in Texas and New Taipei City, as well as credit facilities and equity distribution agreements disclosed via Form 8-K.
Regular press releases also cover quarterly financial results and outlook, where management discusses revenue trends, gross margins, non-GAAP metrics and demand in its datacenter and CATV businesses. For anyone tracking AAOI, this news feed provides a consolidated view of product milestones, customer activity, manufacturing expansion and capital markets actions related to Applied Optoelectronics.
Applied Optoelectronics (AAOI) has filed a patent infringement lawsuit against Accelight Technologies (ATI) in the U.S. District Court for the Northern District of California on December 13, 2024. The complaint alleges that several ATI products, including 100G QSFP28 LR4, 400G QSFP-DD SR8, and other optical transceiver models, infringe on AAOI's patents. The company is pursuing monetary damages and a permanent injunction against ATI. AAOI's CEO, Dr. Thompson Lin, emphasized the company's significant investment in R&D and commitment to protecting its intellectual property rights.
Applied Optoelectronics (AAOI) has appointed Kevin Jones as vice president of sales for its Quantum Bandwidth™ broadband access division. Jones will oversee global sales operations, particularly focusing on Cable Multiple System Operators (MSO) markets. With extensive experience from previous roles at Ciena, CommScope, Casa Systems, and Scientific-Atlanta, Jones brings expertise in major cable network transitions including HFC and DOCSIS upgrades, Digital TV, Voice over IP, Switched Digital Video, and Distributed Access Architecture.
The appointment aligns with AOI's strategy to expand its business through Quantum Bandwidth products in the cable operator market segment.
Applied Optoelectronics (NASDAQ: AAOI), a provider of fiber-optic access network products, has announced its participation in the Raymond James 2024 TMT & Consumer Conference. The company will be represented by Stefan Murry, Chief Financial Officer and Chief Strategy Officer, in a fireside chat scheduled for December 10th, 2024 at 8:40 a.m. Eastern time. The presentation will be accessible through a recording on the company's investor relations website at investors.ao-com.
Applied Optoelectronics (AAOI) has filed a patent infringement lawsuit against Eoptolink Technology USA in the U.S. District Court for the Northern District of California. The complaint alleges that multiple Eoptolink products, including 400G QSFP-DD and 100G QSFP28 series optical transceivers, infringe on AAOI's patents. The company is seeking monetary damages and a permanent injunction. The lawsuit aims to protect AAOI's intellectual property resulting from their research, development, and investments in fiber-optic access network technology for datacenter, cable broadband, telecom, and FTTH markets.
Applied Optoelectronics (AAOI) reported Q3 2024 financial results with revenue of $65.2 million, up from $62.5 million in Q3 2023 and $43.3 million in Q2 2024. The company experienced double-digit sequential growth in datacenter business and tripled CATV business from Q2. However, GAAP gross margin declined to 24.4% from 32.3% year-over-year, and the company reported a GAAP net loss of $17.8 million. For Q4 2024, AAOI expects revenue between $94-104 million and non-GAAP gross margin of 27.5-29.5%.
Applied Optoelectronics (NASDAQ: AAOI), a provider of fiber-optic network products, has announced inducement awards of 24,721 shares of common stock to one new employee. The grant, dated November 1, 2024, was made under the company's 2023 Equity Inducement Plan. The awards consist of restricted stock units that vest over a four-year period, contingent on continued employment. This plan is exclusively used for equity awards to new employees as an inducement for joining the company, in accordance with Nasdaq Listing Rule 5635(c)(4).
Applied Optoelectronics (NASDAQ: AAOI), a leading provider of fiber-optic access network products, has announced the date for its Third Quarter 2024 Financial Results Conference Call. The company will release its financial results for the quarter ended September 30, 2024, on Thursday, November 7, 2024. A conference call and webcast for analysts and investors will be held at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time on the same day.
To participate in the call, investors can dial 844-890-1794. A live audio webcast and supplemental financials will be available on the company's Investor Relations website. An archived version of the webcast will be accessible for one year after the call. Additionally, a telephonic replay will be available for a week, accessible by dialing 877-344-7529 with passcode 6590897.
Applied Optoelectronics Inc. (NASDAQ: AAOI) is showcasing its cutting-edge 1.6T OSFP DR8 LPO module at ECOC 2024, demonstrating high-speed connectivity with the Optical Internetworking Forum. This module doubles current data rates, supporting AI, machine learning, and advanced data center operations. AOI is collaborating with OIF to demonstrate the CEI-224G Linear standard, addressing current network needs and future scalability.
Additional demonstrations include:
- 800G OSFP DR8 LPO modules in an 800G switch
- ELSFP 1311nm uncooled module for high data rate connectivity
- EEI and co-packaging architecture static conceptual demonstration
Applied Optoelectronics Inc. (NASDAQ: AAOI) has unveiled its new Quantum18™ product series, designed to simplify 1.8GHz upgrades for cable operators and integrate with legacy Motorola housings. The series includes:
1. Quantum18 1.8GHz Node: Offers multiple compatibility options, including upgrades within existing GS7000 housings and interoperability with DOCSIS 3.1, DOCSIS 4.0 RPDs, PON, and switching functionality.
2. Quantum18 1.8GHz System Amplifier and Broadband Line Extender: Compatible with Motorola housings, these products boost signal quality and offer remote management features.
All Quantum18 products feature field-upgradable diplex filters for future spectrum adaptability. AOI will showcase the products at SCTE® Cable-Tec Expo® 2024 and plans to ship in early 2025.
Applied Optoelectronics (NASDAQ: AAOI), a leading provider of fiber-optic access network products, has announced its participation in the Rosenblatt 4th Annual Technology Summit: The Age of AI. The company will present virtually in a fireside chat format on Tuesday, August 20th, 2024, at 10:00 a.m. Eastern time. Stefan Murry, Chief Financial Officer and Chief Strategy Officer, will represent the company at the event.
The presentation will be available for viewing on the investor relations section of Applied Optoelectronics' website at investors.ao-com. This participation highlights the company's engagement with investors and its presence in the technology sector, particularly in the context of AI advancements.