Applied Optoelectronics (AAOI) PT Raised to $94 at Cowen; 'Significantly Underappreciated and Undervalued'
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Applied Optoelectronics Reports First Quarter 2017 Results
May 4, 2017 4:03 PM EDTSUGAR LAND, Texas, May 04, 2017 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, fiber-to-the-home (FTTH) and telecom markets, today announced financial results for its first quarter ended March 31, 2017.
AOI started off the year with a record performance, and in the first quarter, achieved the highest revenue and earnings in the companys history. Our record results this quarter were driven by continued demand for our market-leading datacenter products and solid execution, said Dr. Thompson Lin, Applied... More
