The market wasn't in a forgiving mood when it disseminated the company's latest set of quarterly figures.Applied Optoelectronics (AAOI -5.76%), a company that manufactures fiber optics networking components, probably wishes it had called in sick on Wednesday. Its stock price fell by nearly 6% on the day, no thanks to a quarterly earnings report that displeased investors. That decline was far steeper than the almost 0.8% slide of the S&P 500 index.Revenue improvement, bottom-line erosionFor its second quarte ...