Applied Optoelectronics (AAOI) Tops Q2 EPS by 10c; Issues Confident Q3 Outlook
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Applied Optoelectronics Reports Second Quarter 2016 Results
August 4, 2016 4:03 PM EDTSUGAR LAND, Texas, Aug. 04, 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 financial results for its second quarter ended June 30, 2016.
We achieved top and bottom-line results well above our guidance and we are pleased with the progress we made during the quarter. Our results were driven by continued strong demand for our market-leading datacenter products, where we generated our fifth consecutive quarter of record revenue, and an improvement in demand for... More
