SUGAR LAND, Texas, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI”), a leading provider of advanced optical and HFC networking products that power the internet, today announced that it will release financial results for its fourth quarter and full year ended December 31, 2025, on Thursday, February 26, 2026. AOI will host a conference call and webcast for analysts and investors to discuss its fourth quarter and full year 2025 financial results and outlook for its first ...

Core Insights - Coherent Corp. (COHR) achieved a 249-basis-point year-over-year growth in gross margin and a significant 1,081 basis-point expansion in operating margin during Q1 of fiscal 2026, indicating strong potential in maximizing value from its AI infrastructure business model [1][10]. Financial Performance - The company experienced a 17.3% year-over-year revenue growth, primarily driven by high demand for its product portfolio, particularly the 1.6T transceiver [2][10]. - Total costs and expenses rose by 2.7% year-over-year in Q1 FY26, which is considered minimal given the strong demand [4]. - The recent divestiture of the Aerospace & Defense business positively impacted gross margin and earnings per share (EPS), contributing to overall profitability [4]. Market Opportunities - Management has initiated 6-inch Indium Phosphide (InP) production in Jarfalla, Sweden, capitalizing on the growth of AI datacenters [3]. - The addressable market for Optical Circuit Switches is valued at over $2 billion, presenting a significant growth opportunity for the company [3]. Stock Performance and Valuation - Coherent's stock price surged by 84.9% over the past year, outperforming the industry average growth of 17% [5]. - The company trades at a forward 12-month price-to-sales ratio of 3.78X, which is higher than its peers Adeia Inc. (4.72X) and Skillsoft (0.15X) [8]. Earnings Estimates - The Zacks Consensus Estimate for COHR's earnings for fiscal 2026 and 2027 has increased by 1.6% and 1.1%, respectively, over the past 60 days [11].

Core Viewpoint - Applied Optoelectronics, Inc. (AOI) will present at the Raymond James 2025 TMT & Consumer Conference on December 9, 2025, highlighting its role in providing advanced optical and HFC networking products that support internet infrastructure [1] Company Overview - Applied Optoelectronics, Inc. is a leading developer and manufacturer of advanced optical and HFC networking products essential for AI datacenters, CATV, and broadband fiber access networks globally [2] - The company supplies critical infrastructure to tier-one customers in cloud computing, CATV broadband, telecom, and FTTH markets [2] - AOI has R&D facilities in Atlanta, GA, and engineering and manufacturing facilities in Sugar Land, TX, Taipei, Taiwan, and Ningbo, China [2]

Core Insights - GlobalFoundries and Navitas Semiconductor have formed a long-term strategic partnership to enhance U.S.-based gallium nitride (GaN) technology and manufacturing capabilities [3][4] - The collaboration aims to develop advanced solutions for high power markets, including AI datacenters, performance computing, energy and grid infrastructure, and industrial electrification [3][5] - Production of next-generation GaN technology is set to begin in late 2026 at GlobalFoundries' Burlington, Vermont facility [4][6] Company Overview - GlobalFoundries is a leading semiconductor manufacturer with a global footprint, focusing on delivering power-efficient and high-performance products across various high-growth markets [7][8] - Navitas Semiconductor specializes in GaN and high-voltage silicon carbide (SiC) technologies, with a strong emphasis on innovation in AI data centers and energy infrastructure [9] Strategic Importance - The partnership is positioned to support national security and competitiveness while promoting decarbonization in next-generation energy and computing platforms [5][6] - Both companies emphasize the importance of a secure and sustainable supply chain for GaN technologies, which are critical for future applications in AI and energy sectors [6]

Sale of Aerospace and Defense Business - Coherent announced the sale of its aerospace and defense business to private equity firm Advent for $400 million [2] - Proceeds from the sale will be used to reduce debt, which will be immediately accretive to Coherent's EPS [2] - The deal is expected to close in the current quarter [2] Q4 Financial Results - Coherent reported quarterly earnings of $1 per share, beating the analyst consensus estimate of 91 cents [2] - Quarterly revenue was $1.52 billion, exceeding the analyst consensus estimate of $1.5 billion and up from $1.31 billion in the same period last year [3] - The company experienced revenue growth of 23% and non-GAAP EPS expansion of 191% for fiscal 2025 [3] Future Outlook - Coherent expects first-quarter revenue to be between $1.46 billion and $1.6 billion [4] - Following the earnings report, Coherent's stock was down 17.53% at $94.02 in extended trading [4]

Core Insights - Coherent Corp. reported record revenues of $1.53 billion for Q4 FY25 and $5.81 billion for the full fiscal year, marking a year-over-year growth of 23% [1][2][4] - The company experienced a GAAP gross margin of 35.7% in Q4 FY25 and 35.2% for the full year, with non-GAAP gross margins at 38.1% and 37.9% respectively, indicating significant margin expansion [1][2][4] - Despite a GAAP net loss of $0.83 per diluted share in Q4 FY25, the non-GAAP EPS was $1.00, reflecting a substantial improvement in profitability metrics [1][2][4] Financial Performance - Q4 FY25 revenues reached $1,529 million, up 2.1% quarter-over-quarter and 16.4% year-over-year, while full-year revenues were $5,810 million, a 23.4% increase from FY24 [1][2][5] - GAAP gross margin improved by 284 basis points year-over-year to 35.2% for FY25, while non-GAAP gross margin increased by 358 basis points to 37.9% [4][5] - The company reported a GAAP net loss of $0.52 per diluted share for FY25, an improvement of $1.32 compared to the previous year, while non-GAAP EPS rose by $2.32 to $3.53 [4][5] Operational Highlights - The CEO highlighted strong revenue growth driven by key growth areas such as AI datacenters, and the company is optimizing its portfolio by selling its Aerospace and Defense business [3][4] - Operating cash flow improved, allowing the company to repay approximately $437 million of outstanding debt during FY25 [3] - The company commenced revenue shipments of its 1.6T datacom transceivers and achieved initial revenue from its optical circuit switch platform, expanding its addressable market by over $2 billion by 2030 [7][8] Business Outlook - For Q1 FY26, the company expects revenues between $1.46 billion and $1.60 billion, with gross margins projected between 37.5% and 39.5% on a non-GAAP basis [15] - The sale of the Aerospace and Defense business is anticipated to close in the current quarter, which will exclude approximately $20 million in revenue from future forecasts [9]

Core Viewpoint - Applied Optoelectronics, Inc. (AOI) is set to release its financial results for the second quarter of 2025 on August 7, 2025, which will be followed by a conference call to discuss the results and the outlook for the third quarter of 2025 [1][2]. Company Overview - AOI is a leading developer and manufacturer of advanced optical and HFC networking products, essential for AI datacenters, CATV, and broadband fiber access networks globally [4]. - The company provides critical infrastructure to tier-one customers in cloud computing, CATV broadband, telecom, and FTTH markets [4]. - AOI has R&D facilities in Atlanta, GA, and engineering and manufacturing facilities in Sugar Land, TX, Taipei, Taiwan, and Ningbo, China [4]. Financial Communication - A conference call and webcast will be held at 4:30 p.m. Eastern Time on the same day as the financial results release, allowing analysts and investors to engage with the company's performance and future outlook [2]. - The conference call will be accessible via a live audio webcast on the company's Investor Relations website, with an archived version available for one year [3]. - A telephonic replay of the call will be available one hour after the call until August 14, 2025 [3].

Financial Data and Key Metrics Changes - The company reported Q4 revenue of $100 million, which was in line with guidance of $94 million to $104 million [14][19] - Non-GAAP gross margin was 28.9%, consistent with guidance of 27.5% to 29.5% [14][19] - Non-GAAP loss per share was $0.02, within the guidance range of a loss of $0.04 to earnings of $0.04 per share [14][19] - Total revenue increased by 66% year-over-year and 54% sequentially [24] Business Line Data and Key Metrics Changes - Datacenter products generated $44.2 million in revenue, flat year-over-year but up 8% sequentially [15][24] - Revenue from 400G products increased by 40% year-over-year and 70% sequentially, driven by increased adoption [15] - CATV segment revenue was $52.2 million, up more than 4x year-over-year and more than doubled sequentially, largely due to 1.8 GHz amplifiers [16][26] - Telecom products revenue was $3.5 million, up 26% year-over-year and 25% sequentially [28] Market Data and Key Metrics Changes - In Q4, 44% of revenue came from datacenter products, 52% from CATV products, and 4% from FTTH, telecom, and other [24] - The top 10 customers represented 97% of revenue, up from 95% in Q4 of the previous year [28] Company Strategy and Development Direction - The company is focused on expanding production capabilities, retrofitting facilities in Texas and leasing additional space in Taiwan [22][23] - Plans to invest between $120 million and $150 million in capital expenditures in 2025 to support increased production of 400G, 800G, and 1.6 terabit products [36] - The company aims to return non-GAAP gross margin to around 40% in the long term [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term demand for datacenter and CATV businesses, anticipating a sustained growth period [37][110] - The company expects Q1 revenue to be between $94 million and $104 million, with non-GAAP gross margin ranging from 29% to 30.5% [38] Other Important Information - The company ended Q4 with $79.1 million in total cash and equivalents, up from $41.4 million at the end of Q3 [34] - Total debt, excluding convertible debt, was $46 million, compared to $39.4 million at the end of the previous quarter [34] - The company raised $53.9 million net from its at-the-market program during the quarter [35] Q&A Session Summary Question: Capacity investments focus - Management indicated that capital expenditures will be primarily for datacenter production, with some for cable TV [40][43] Question: Demand forecasts for 800G products - Demand forecasts from hyperscale customers align with production capacity plans for 800G and 1.6 terabit products [47][60] Question: Quantum Bandwidth order details - The Quantum Bandwidth order is related to the 1.8 GHz amplifiers, part of the same product suite [51][52] Question: Datacenter opportunity and customer expectations - Management confirmed that datacenter growth is in line with expectations, with 400G demand increasing significantly [56][78] Question: Lead times for 800G products - Lead times for 800G products are expected to be around 8 to 10 weeks [91] Question: Top customer details - The top customer is a stocking distributor for cable TV products, supplying major MSOs [82][90]