Applied Optoelectronics (AAOI) Tops Q4 EPS by 6c; Guides Q1 Well Below the Street
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Applied Optoelectronics Reports Fourth Quarter and Year 2017 Results
February 21, 2018 4:05 PM ESTSUGAR LAND, Texas, Feb. 21, 2018 (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, 2017.
We achieved revenue in the fourth quarter of $79.9 million, which was slightly below our expectations due to lower demand from our datacenter customers as they continue to evolve their network architectures. While our revenue came in slightly below expectations, I am pleased with our ability to... More
