Applied Optoelectronics Rallies Over 40% On Q4 Beat, Q1 Outlook

Applied Optoelectronics Inc (NASDAQ:AAOI) is trading sharply higher Friday morning after the fiber-optic component maker posted stronger-than-expected fourth-quarter results and issued upbeat guidance for the first quarter. Here’s what investors need to know.Applied Optoelectronics stock is surging Friday. Why are AAOI shares at highs?Q4 Revenue Jumps 34%, Tops EstimatesLate Thursday, the company reported an adjusted fourth-quarter loss of 1-cent per share, far better than Wall Street's projected loss of 11 ...