Applied Optoelectronics (AAOI) Boosts Q3 Outlook
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Applied Optoelectronics Increases Guidance for Third Quarter 2016
September 6, 2016 4:03 PM EDTSUGAR LAND, Texas, Sept. 06, 2016 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, and fiber-to-the-home markets, today announced updated guidance for its third quarter ended Sept. 30, 2016.
Revised Third Quarter 2016 Guidance+
Revenue in the range of $63.0 million to $65.0 million, above the prior outlook of $56.0 million to $59.0 million.Non-GAAP gross margin in the range of 30.5% to 32.0%, the same as the prior outlook of 30.5% to 32.0%.Non-GAAP net income in the range from $4.7... More
