Friday, January 13, 2017

Applied Optoelectronics Inc. (AAOI) Surged To A New High On Q4 Guidance

Applied Optoelectronics Inc. (AAOI) announced after the bell Wednesday that it expects to report fourth quarter revenues of $84.5 million to $84.8 million and non-GAAP EPS of $0.77 to $0.82. Prior expectations had been for revenues of $75.0 million to $79.0 million and non-GAAP EPS of $0.46 to $0.51.

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