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.
Applied Optoelectronics (NASDAQ: AAOI) reported Q3 2022 revenue of $56.7 million, up from $53.3 million in Q3 2021. Despite this growth, revenue fell short of expectations due to a significant drop in 40G revenue. However, CATV revenue reached a record high, and 400G sales tripled compared to Q2 2022. The company experienced a GAAP net loss of $15.6 million per share, slightly improved from the previous year. For Q4 2022, AAOI projects revenue between $58 million and $64 million with a non-GAAP net loss expected between $8.1 million and $9.8 million.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) will release its third quarter 2022 financial results on November 3, 2022. The company provides fiber-optic access network products for various markets including internet datacenter and telecom.
A conference call will follow at 4:30 p.m. Eastern Time to discuss the results and fourth quarter outlook. The call can be accessed by dialing 844-890-1794, with a live audio webcast available on the company’s Investor Relations website.
Applied Optoelectronics (Nasdaq: AAOI) announced the launch of its new Quantum BandwidthTM product line aimed at enhancing HFC networks. The lineup includes:
- Cable Plant Signal Generator for testing DOCSIS HFC equipment.
- Broadband Digital Access shelf for digitizing signals in HFC headends.
- Broadband Digital Access node for retrofitting existing HFC nodes.
- Extended Spectrum Amplifier that supports DOCSIS 4.0 and data rates of up to 10 Gbps.
These products will be showcased at the SCTE Cable-Tec Expo from Sept. 20-22, 2022.
Applied Optoelectronics (NASDAQ: AAOI) announced a definitive agreement to sell its manufacturing facilities in China and related assets to Yuhan Optoelectronic Technology for $150 million. The transaction is expected to close in 2023, pending regulatory approvals. This strategic move aims to enhance the company's focus on higher margin opportunities in the CATV and datacenter laser markets. The proceeds will be utilized for investments in growth areas and maintaining manufacturing capabilities in Taiwan and Texas. A conference call will be held today at 5 p.m. ET to discuss the details.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) reported Q2 2022 revenue of $52.3 million, slightly down from $54.2 million a year prior. The company faced supply chain challenges affecting a large CATV customer's orders, delaying revenue recognition to Q3. GAAP net loss was $14.5 million, widening from a $8.2 million loss in Q2 2021. Non-GAAP metrics showed a net loss of $7.6 million. Looking ahead, Q3 revenue is projected between $57 million and $60 million, with non-GAAP gross margin expected at 16.5% to 18.5%.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) will release its financial results for Q2 2022 on August 4, 2022. A conference call will be held at 4:30 PM ET the same day to discuss the results and provide insights on the Q3 2022 outlook. Investors can join the call by dialing 844-890-1794, and a live audio webcast will be available on the company's Investor Relations website. An archived version will be accessible for one year, and a telephonic replay will be available until August 11, 2022.
Applied Optoelectronics (NASDAQ: AAOI) announced participation in the Cowen 50th Annual Technology, Media & Telecom Conference on June 1, 2022. The fireside chat will take place at 3:55 p.m. ET and will feature Stefan Murry, CFO and Chief Strategy Officer. Investors can access a live audio webcast on the company's investor relations website.
As a key player in the fiber-optic access network market, Applied Optoelectronics provides crucial products across various sectors, including internet datacenters, cable broadband, telecom, and fiber-to-the-home.
Applied Optoelectronics (AAOI) reported its Q1 2022 financial results with GAAP revenue of $52.2 million, up from $49.7 million in Q1 2021 but down from $54.4 million in Q4 2021. The GAAP net loss was $16.1 million, slightly increasing from $15.6 million a year ago. Non-GAAP results also showed a worsening net loss of $7.9 million. The company highlighted continued growth in its CATV segment and announced a deal to supply 400G transceiver products to a major hyperscale datacenter customer. Outlook for Q2 2022 projects revenue between $56 million and $59 million.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) will release its financial results for the first quarter of 2022 on May 5, 2022. A conference call will be held at 4:30 p.m. ET to discuss these results and the outlook for the second quarter. This information is crucial for investors tracking the company's performance in the fiber-optic market.
Investors can access the live audio webcast through the company's Investor Relations website, with an archived version available for one year.
Applied Optoelectronics (NASDAQ: AAOI) reported its fourth quarter and full year financial results for 2021, revealing GAAP revenue of $54.4 million, up from $52.3 million a year prior. However, GAAP gross margin dropped to 14.9% from 21.6% due to an unfavorable product mix and unexpected supply chain costs. The company also registered a GAAP net loss of $14.5 million. Looking ahead, AAOI forecasts Q1 2022 revenue between $51 million and $54 million, with non-GAAP gross margins projected at 15.5% to 17.5%.
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