Applied Optoelectronics: Mixed Results But Improved Outlook - Hold
Applied Optoelectronics(AAOI) Seeking Alpha·2024-08-27 22:40
shulz Note: I have covered Applied Optoelectronics, Inc. or "AOI" (NASDAQ:AAOI) previously, so investors should view this as an update to my earlier articles on the company. Earlier this month, Applied Optoelectronics reported mixed Q2/2024 results, with non-GAAP gross margins coming in below management's projections. However, revenue of $43.3 million and non-GAAP earnings per share of $(0.28) were at least in line with expectations. Company Press Release / Regulatory Filings While free cash flow remained n ...