Applied Optoelectronics (AAOI) Tops Q3 EPS by 13c, Revs In-Line; Guides Revs Lower

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Applied Optoelectronics Reports Third Quarter 2018 Results

November 7, 2018 4:10 PM EST

SUGAR LAND, Texas, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its third quarter ended Sept. 30, 2018.

While our third quarter results were impacted by a temporary delay in 100G transceiver shipments to a datacenter customer, we remain encouraged by the demand we are experiencing with our other top datacenter customers and the increased activity and interest we are seeing in the CATV market, said Dr. Thompson Lin,... More