Applied Optoelectronics (AAOI) Tops Q1 EPS by 6c

Go back to Applied Optoelectronics (AAOI) Tops Q1 EPS by 6c

Applied Optoelectronics Reports First Quarter 2021 Results

May 6, 2021 4:05 PM EDT

SUGAR LAND, Texas, May 06, 2021 (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 announced financial results for its first quarter 2021 ended March 31, 2021.

Market dynamics played out as we expected, and we are pleased to deliver results in line with our expectations, said Dr. Thompson Lin, Applied Optoelectronics Inc. Founder, President and Chief Executive Officer. While we continue to see softness in our datacenter business, we are encouraged... More