Applied Optoelectronics (AAOI) PT Lowered to $16 at Northland Capital Markets

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. ENPH
2. HOOD
3. BA
4. STX
5. NXPI
6. CSGP
7. LSTR
8. UPS
9. KIDS
10. V

Go back to Applied Optoelectronics (AAOI) PT Lowered to $16 at Northland Capital Markets

Applied Optoelectronics Updates Third Quarter 2018 Revenue Guidance

September 28, 2018 6:00 AM EDT

SUGAR LAND, Texas, Sept. 28, 2018 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today updated its revenue guidance for its third quarter ended Sept. 30, 2018.

Applied Optoelectronics currently expects revenue for its third quarter 2018 to be between $55 million and $58 million, below the company's previous guidance of $82 million to $92 million. The company will report detailed third quarter financial results and host a conference call on Nov. 7, 2018.

"During the third... More