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, 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%.
Applied Optoelectronics, Inc. (NASDAQ: AAOI) announced it will release its fourth quarter and full year 2021 financial results on February 24, 2022. The company will host a conference call at 4:30 p.m. ET to discuss these results and provide an outlook for first quarter 2022. Investors can join the call by dialing 844-890-1794. A live audio webcast will be available on the company's Investor Relations website.
Applied Optoelectronics (NASDAQ: AAOI) will participate in the Raymond James Virtual Technology Investors Conference on December 8, 2021. The fireside chat is scheduled for 9:40 a.m. ET and will be led by Stefan Murry, CFO and Chief Strategy Officer. Investors can tune in via a live audio webcast available on the company's investor relations webpage. Applied Optoelectronics specializes in fiber-optic access network products and serves various markets, including internet datacenters and telecom. The company is headquartered in Sugar Land, Texas.
Loyalty Ventures (LYLT) will replace Applied Optoelectronics (AAOI) in the S&P SmallCap 600 index, effective November 9, 2021. This change follows the spinoff of Loyalty Ventures from Alliance Data Systems (ADS), set for completion on November 8. The decision reflects that Applied Optoelectronics no longer represents the small-cap market. This transition impacts the index's composition, emphasizing the dynamic nature of market capitalization and sector representation.
Applied Optoelectronics Inc. (NASDAQ: AAOI) reported third-quarter 2021 results, showing total revenue of $53.3 million, down from $76.6 million in Q3 2020. The GAAP gross margin decreased to 15.3% from 25.0% year-over-year. The net loss widened to $15.8 million, or $0.58 per share. Looking ahead, the company expects Q4 revenue between $51 million and $55 million, with anticipated non-GAAP gross margins of 18.5% to 20.0% and a loss of $5.5 million to $6.6 million. Despite some component shortages, demand in the CATV and datacom sectors remains strong.
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