SUGAR LAND, Texas, June 21, 2024 (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, announced today that it has settled its patent infringement dispute and related litigation against Molex, LLC on mutually satisfactory terms. “We are pleased to have reached an agreement with Molex. Both of our companies value patent protection and are committed ...

SUGAR LAND, Texas, June 11, 2024 (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 that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted ...

SUGAR LAND, Texas, June 11, 2024 (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 that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted ...

bopavAs micro and small caps have languished for 2 years now, the pain has grown for those who did not manage positions and position sizing well. For those who can get over the short-term hurt, I have never seen better long-term opportunities in select micro-cap companies. We are a few weeks away from the annual Russell 2000 rebalancing. This is often the biggest trading day of the year as dozens of stocks get added to the index. The Russell 2000 inclusion list has been getting updated each of the past ...

Investing in early bird innovators always presents risks but these types of tech stocks to buy generally offer the biggest upside potential. Sure, you can always bet on Nvidia (NASDAQ:NVDA) like everyone else. However, there may be much more robust rewards to be had betting on lesser-known enterprises.It’s a tradeoff between predictability and profitability. By going after a well-established enterprise, you have reasonable assurances that the investment will rise in value. However, the upside could be limit ...

SUGAR LAND, Texas, June 03, 2024 (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 the Company will virtually present via a fireside chat format at the following investor conference: Event:Rosenblatt 4th Annual Technology Summit: The Age of AIDate:Wednesday, June 12th, 2024Presentation Time:10:00 a.m. Eastern time / 9:00 a.m. Ce ...

As a rule of thumb, overlooked low-priced stocks are that way for a reason. And usually, that reason isn’t particularly a good one. Still, there are a few “cheap” enterprises that can give you more than you bargained for but in the accretive sense.Simply put, there are thousands of publicly traded opportunities available. While analysts attempt to find the best ideas, they can’t give equal coverage to everyone. Invariably, then, some worthy businesses slip through the cracks.While the below names might not ...

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Lindsay Savarese - Investor Relations Thompson Lin - Founder, President, Chief Executive Officer & Chairman of the Board Stefan Murry - Chief Financial Officer & Chief Strategy Officer Conference Call Participants Simon Leopold - Raymond James Michael Genovese - Rosenblatt Securities Timothy Savageaux - Northland Capital Markets Dave Kang - B. Riley Securities Operator Good day and welcom ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-36083 Applied Optoelectronics, Inc. (Exact name of registrant as specified in its chart ...

Revenue Performance - Q1 2024 GAAP revenue was $40.7 million, a decrease from $53.0 million in Q1 2023 and $60.5 million in Q4 2023[2] - Total revenue for Q1 2024 was $40.673 million, a decrease from $53.030 million in Q1 2023[16] - Q2 2024 revenue is expected to be in the range of $41.5 million to $46.5 million[3] Gross Margin - Q1 2024 GAAP gross margin was 18.7%, compared to 17.4% in Q1 2023 and 35.7% in Q4 2023[2] - Q2 2024 non-GAAP gross margin is expected to be in the range of 25.5% to 27.5%[3] Net Loss - Q1 2024 GAAP net loss was $23.2 million, or $0.60 per basic share, compared to a net loss of $16.3 million in Q1 2023 and $13.9 million in Q4 2023[2] - Q1 2024 non-GAAP net loss was $12.0 million, or $0.31 per basic share, compared to a non-GAAP net loss of $7.1 million in Q1 2023 and a non-GAAP net income of $1.6 million in Q4 2023[2] - Net loss for Q1 2024 was $23.170 million, compared to $16.292 million in Q1 2023[16] - Non-GAAP net loss for Q1 2024 was $12.032 million, compared to $7.143 million in Q1 2023[18] - Q2 2024 non-GAAP net loss is expected to be in the range of $11.6 million to $13.5 million, with a non-GAAP loss per share of $0.29 to $0.34[3] Revenue by Segment - Datacenter revenue increased to $28.986 million in Q1 2024, up from $20.353 million in Q1 2023[16] - CATV revenue declined to $8.736 million in Q1 2024, down from $27.779 million in Q1 2023[16] Financial Position - Total assets decreased to $350.916 million as of March 31, 2024, from $389.186 million as of December 31, 2023[14] - Cash, cash equivalents, and restricted cash decreased to $17.405 million as of March 31, 2024, from $55.097 million as of December 31, 2023[14] Operating Expenses - Research and Development expenses increased to $11.712 million in Q1 2024, up from $8.536 million in Q1 2023[16] - Total operating expenses rose to $29.237 million in Q1 2024, compared to $23.411 million in Q1 2023[16] Adjusted EBITDA - Adjusted EBITDA for Q1 2024 was $(13.015) million, compared to $(4.358) million in Q1 2023[18] Non-GAAP Measures - Non-GAAP measures exclude items such as stock-based compensation, discontinued product expenses, and non-recurring expenses to better reflect operating performance[7] Market Risks - The company faces risks including changes in customer demand, supply chain disruptions, and market conditions in the internet datacenter, CATV broadband, telecom, and FTTH markets[5] Future Outlook - The company anticipates a recovery in Q2 2024 and a significantly improved second half of the year[1]