Applied Optoelectronics(AAOI) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Applied Optoelectronics Reports First Quarter 2024 Results Sugar Land, Texas, May 9, 2024 – 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 first quarter ended March 31, 2024. “Our first quarter revenue and gross margin came in below our expectations, largely driven by product mix, and our non-GAAP EPS was i ...