Applied Optoelectronics (AAOI) Tops Q2 EPS by 5c; Guides Q3 Above the Street
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Applied Optoelectronics Reports Record Second Quarter 2015 Results
August 5, 2015 4:03 PM EDTSUGAR LAND, Texas, Aug. 5, 2015 (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 financial results for its second quarter ended June 30, 2015.
"We delivered record second quarter results with strong growth in both revenue and net income. With the steady supply of optical light engines coupled with our ability to accelerate shipments for 40Gbps transceivers, datacenter revenue grew by 65% year-over-year. We also achieved CATV revenue growth of 54% year-over-year driven by new products and... More
