Applied Optoelectronics (AAOI) Tops Q4 EPS by 5c

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Go back to Applied Optoelectronics (AAOI) Tops Q4 EPS by 5c

Applied Optoelectronics Reports Fourth Quarter and Year 2016 Results

February 23, 2017 4:03 PM EST

SUGAR LAND, Texas, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic network products for the internet datacenter, cable broadband, fiber-to-the-home and telecom markets, today announced financial results for its fourth quarter and year ended Dec. 31, 2016.

AOI achieved another record year driven by strong demand for our market-leading datacenter products and continued execution by the AOI team. We believe our record performance further demonstrates our growing market share in advanced optics and our teams ability to generate manufacturing efficiencies that lead to margin... More