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Applied Optoelectronics, Inc. - AAOI STOCK NEWS

Welcome to our dedicated page for Applied Optoelectronics news (Ticker: AAOI), a resource for investors and traders seeking the latest updates and insights on Applied Optoelectronics stock.

Applied Optoelectronics, Inc. (NASDAQ: AAOI) is a leading designer and manufacturer of advanced optical products that serve key markets such as internet data centers, cable television broadband, telecommunications, and fiber-to-the-home. With a vertically integrated product portfolio ranging from laser chips, components, sub-assemblies, and modules to complete turn-key equipment, AOI has positioned itself as a pivotal player in addressing the rising bandwidth demand driven by increased usage of network-connected devices, video traffic, cloud computing, and online social networking.

AOI's core business focuses on delivering high-speed fiber-optic networking products that are essential for modern broadband fiber access networks. The company has engineering and manufacturing facilities in the United States, China, and Taiwan, enabling it to respond swiftly to market demands while ensuring high-quality production standards. Notably, AOI derives a significant portion of its revenue from its operations in Taiwan, highlighting the strategic importance of its international footprint.

Recent achievements include the announcement of $80.2 million in Convertible Senior Notes due 2026, aimed at repurchasing or exchanging existing 5.00% Convertible Senior Notes due 2024, showcasing AOI's proactive financial management. Furthermore, the company has filed lawsuits for patent infringement to protect its intellectual property, demonstrating its commitment to safeguarding its innovations.

AOI has also been recognized for its growth potential by being set to join the broad-market Russell 3000® Index, further solidifying its visibility and credibility within the institutional investment community. The company continues to focus on developing new technologies, such as the recently announced 400G and 800G multimode fiber designs in collaboration with Credo Technology Group, aimed at reducing network power dissipation and cost of ownership while ensuring robust network performance.

The company maintains a strong pipeline of projects and strategic initiatives. It regularly engages with investors and analysts through quarterly financial results announcements and participation in key investor conferences, ensuring transparency and continued stakeholder confidence in its growth trajectory.

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Applied Optoelectronics, Inc. (NASDAQ: AAOI) announced third quarter 2023 financial results, reporting a GAAP revenue of $62.5 million, a GAAP gross margin of 32.3%, and a GAAP net loss of $9.0 million. Non-GAAP net loss was $1.7 million. The company also provided a fourth quarter 2023 business outlook with expected revenue in the range of $63 million to $67 million and non-GAAP gross margin in the range of 34.5% to 36%.
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Applied Optoelectronics to release Q3 2023 financial results on November 9th
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Applied Optoelectronics, Inc. to showcase Quantum Bandwidth™ products at SCTE® Cable-Tec Expo®
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Applied Optoelectronics, Inc. announces amendment to patent infringement complaint, identifying additional products infringing AOI patents.
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Applied Optoelectronics files patent infringement complaint against Molex
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Applied Optoelectronics, Inc. (NASDAQ: AAOI) to present at H.C. Wainwright 25th Annual Global Investment Conference on September 11th, 2023.
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Applied Optoelectronics reports Q2 2023 financial results, with revenue of $41.6 million and non-GAAP gross margin of 24.8%. Expects Q3 2023 revenue in the range of $60 million to $66 million and non-GAAP gross margin in the range of 29.5% to 31%.
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Applied Optoelectronics, Inc. (AOI) has appointed Corey Chapman as the senior director of sales engineering for its Quantum Bandwidth product line. This is the fifth recent hire for AOI as it expands its focus on broadband access. Chapman will oversee sales engineering and support AOI customers from product evaluation to deployment. His experience in the cable service provider market will be valuable as AOI grows its sales engineering and customer support teams.
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Applied Optoelectronics, Inc. (NASDAQ: AAOI) announced the release of its second quarter 2023 financial results on August 3, 2023. The company will host a conference call and webcast to discuss the results and outlook for the third quarter 2023. Analysts and investors can participate by dialing 844-890-1794. A live audio webcast and supplemental financials will be accessible from the company's Investor Relations website at investors.ao-inc.com. An archived version will be available for one year, and a telephonic replay will be accessible until August 10, 2023, by dialing 877-344-7529 and entering passcode 1076424.
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FAQ

What is the current stock price of Applied Optoelectronics (AAOI)?

The current stock price of Applied Optoelectronics (AAOI) is $35.5 as of November 21, 2024.

What is the market cap of Applied Optoelectronics (AAOI)?

The market cap of Applied Optoelectronics (AAOI) is approximately 1.6B.

What markets does Applied Optoelectronics primarily serve?

Applied Optoelectronics primarily serves the internet data center, cable television broadband, telecommunications, and fiber-to-the-home markets.

What recent financial initiatives has AOI undertaken?

AOI recently announced an $80.2 million offering of Convertible Senior Notes due 2026 to repurchase or exchange existing 5.00% Convertible Senior Notes due 2024.

How does AOI protect its intellectual property?

AOI has filed multiple lawsuits for patent infringement to defend its key optical transceiver patents and safeguard its innovations.

What new technologies has AOI recently introduced?

AOI, in collaboration with Credo Technology Group, introduced new 400G and 800G multimode fiber designs aimed at reducing network power dissipation and ownership costs.

What is the significance of AOI joining the Russell 3000® Index?

Joining the Russell 3000® Index provides AOI with broader exposure, increased awareness, and additional visibility among institutional investors.

Where are AOI's manufacturing facilities located?

AOI has manufacturing facilities in Sugar Land, TX, Taipei, Taiwan, and Ningbo, China.

What are AOI's key products?

AOI's key products include optical networking lasers, components, modules, and turn-key equipment used in broadband fiber access networks.

How does AOI ensure financial transparency?

AOI ensures financial transparency by regularly announcing quarterly financial results and participating in investor conferences.

Who are AOI's target customers?

AOI supplies its optical networking products to tier-1 customers in the internet datacenter, CATV broadband, telecom, and FTTH markets.

What is AOI's approach to market demand for bandwidth?

AOI addresses the increasing market demand for bandwidth by developing high-speed fiber-optic products and continuously enhancing its product portfolio.

Applied Optoelectronics, Inc.

Nasdaq:AAOI

AAOI Rankings

AAOI Stock Data

1.61B
42.75M
5.26%
68.11%
26.44%
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