Friday, July 14, 2017

Applied Optoelectronics Inc. (AAOI) Rose To A New High After Guidance Increase

Applied Optoelectronics Inc. (AAOI) announced Thursday morning that it expects to report second quarter revenue of approximately $117.3 million. Prior guidance had been for revenues of $106.0 million to $112.0 million. Non-GAAP EPS is expected to be between $1.31 and $1.36, up from prior expectations of $1.09 to $1.19.

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