Applied Optoelectronics Reports First Quarter 2018 Results
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Needham & Company Reiterates Strong Buy on Applied Optoelectronics (AAOI) Following 1Q
May 9, 2018 8:14 AM EDTNeedham & Company reiterated a Strong Buy rating and $40.00 price target on Applied Optoelectronics (NASDAQ: AAOI) following the company's 1Q earnings report. AOI missed on Revs by 4% and Street by 5%. GMs were in-line at 40% and OPEX was slightly lower than forecast. AOI... More
