Associated tags: Engineering, CATV, AOI, FTTH, Internet
Locations: CENTRAL, SUGAR LAND, TX, US, TEXAS, UNITED STATES, CHINA
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Bank SUGAR LAND, Texas, May 09, 2024 (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 ended March 31, 2024.
Key Points:
- SUGAR LAND, Texas, May 09, 2024 (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 ended March 31, 2024.
- GAAP gross margin was 18.7%, compared with 17.4% in the first quarter of 2023 and 35.7% in the fourth quarter of 2023.
- Non-GAAP gross margin was 18.9%, compared with 23.2% in the first quarter of 2023 and 36.4% in the fourth quarter of 2023.
- The company will host a conference call and webcast for analysts and investors on today, May 9, 2024 to discuss its first quarter 2024 financial results and outlook for its second quarter 2024 at 4:30 p.m. Eastern time / 3:30 p.m. Central time.
SUGAR LAND, Texas, May 02, 2024 (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 the Company will present at the following investor conference:
Key Points:
- SUGAR LAND, Texas, May 02, 2024 (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 the Company will present at the following investor conference:
SUGAR LAND, Texas, April 18, 2024 (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 that it will release financial results for its first quarter ended March 31, 2024 on Thursday, May 9, 2024.
Key Points:
- SUGAR LAND, Texas, April 18, 2024 (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 that it will release financial results for its first quarter ended March 31, 2024 on Thursday, May 9, 2024.
- Applied Optoelectronics will host a conference call and webcast for analysts and investors to discuss its first quarter 2024 financial results and outlook for its second quarter 2024 at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time the same day.
- To participate in the call, please dial 844-890-1794 and ask to be joined to the Applied Optoelectronics call.
- A live audio webcast of the conference call and supplemental financials will be accessible from the company's Investor Relations website at investors.ao-inc.com .
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PAM4 Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) and Applied Optoelectronics, Inc (AOI) (Nasdaq: AAOI) today announced the availability of two new multimode designs including a 400G QSFP-DD and an 800G OSFP.
Key Points:
- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) and Applied Optoelectronics, Inc (AOI) (Nasdaq: AAOI) today announced the availability of two new multimode designs including a 400G QSFP-DD and an 800G OSFP.
- The 800G design is available as either an Active Optical Cable (AOC) or 800GBASE-SR8 transceiver based on the Credo Dove 800, an 8 x 100Gbps PAM4 DSP.
- The 400G and 800G designs from AOI will be showcased by Credo in booth #3601 as part of a live demonstration at the 2024 Optical Fiber Communications Conference and Exhibition (OFC) in San Diego, California from March 26 to 28.
- View the full release here: https://www.businesswire.com/news/home/20240325102263/en/
AOl and Credo to Showcase 400G & 800G MMF Solutions at OFC 2024.
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Thursday, February 22, 2024
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CIG The complaint, filed February 20, 2024, in the U.S. District Court for the Northern District of California, alleges that at least the CIG 100G QSFP28 CWDM4 Module Version 1, the CIG 100G QSFP28 CWDM4 Module Version 2, the CIG 100G LR4 Module, the CIG 400G QSFP-DD DR4 Module, the CIG 400G QSFP-DD FR4 Module, and the CIG 100G QSFP28 PSM4 optical transceiver module infringe one or more of the eight asserted of Applied Optoelectronic, Inc. (AOI) optical transceiver patents.
Key Points:
- The complaint, filed February 20, 2024, in the U.S. District Court for the Northern District of California, alleges that at least the CIG 100G QSFP28 CWDM4 Module Version 1, the CIG 100G QSFP28 CWDM4 Module Version 2, the CIG 100G LR4 Module, the CIG 400G QSFP-DD DR4 Module, the CIG 400G QSFP-DD FR4 Module, and the CIG 100G QSFP28 PSM4 optical transceiver module infringe one or more of the eight asserted of Applied Optoelectronic, Inc. (AOI) optical transceiver patents.
- “This lawsuit against CIG is a necessary step to protect AOI’s intellectual property that has been obtained through research and development, innovation, and investment.
- AOI will vigorously enforce its IP rights against alleged infringers,” said Dr. Thompson Lin, Applied Optoelectronics, Inc.
- In the complaint, AOI is seeking monetary damages from CIG and a permanent injunction.
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Friday, February 23, 2024
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Bank “While our fourth quarter revenue came in below our expectations, our gross margin outperformed our projections, and we generated non-GAAP EPS at the high end of our guidance range.
Key Points:
- “While our fourth quarter revenue came in below our expectations, our gross margin outperformed our projections, and we generated non-GAAP EPS at the high end of our guidance range.
- GAAP gross margin was 35.7%, compared with 10.1% in the fourth quarter of 2022 and 32.3% in the third quarter of 2023.
- Non-GAAP gross margin was 36.4%, compared with 21.4% in the fourth quarter of 2022 and 32.5% in the third quarter of 2023.
- Non-GAAP net income was $1.6 million, or $0.04 per diluted share, compared with non-GAAP net loss of $5.4 million, or $0.19 per basic share in the fourth quarter of 2022, and a non-GAAP net loss of $1.7 million, or $0.05 per basic share in the third quarter of 2023.
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Thursday, February 22, 2024
SUGAR LAND, Texas, Feb. 22, 2024 (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 that the Compensation Committee of its Board of Directors granted inducement awards for 31,507 shares of common stock to 9 new employees, with a grant date of February 19, 2024, pursuant to the Applied Optoelectronics, Inc. 2023 Equity Inducement Plan (the “Inducement Plan”).
Key Points:
- SUGAR LAND, Texas, Feb. 22, 2024 (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 that the Compensation Committee of its Board of Directors granted inducement awards for 31,507 shares of common stock to 9 new employees, with a grant date of February 19, 2024, pursuant to the Applied Optoelectronics, Inc. 2023 Equity Inducement Plan (the “Inducement Plan”).
- The Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Applied Optoelectronics, or following a bona fide period of non-employment, as an inducement material to such individuals’ entering into employment with Applied Optoelectronics, pursuant to Nasdaq Listing Rule 5635(c)(4).
- The inducement awards are comprised of restricted stock units which vest over a four-year period, subject to the employee’s continued service on the applicable vesting dates.
- The restricted stock units are subject to the terms and conditions of the Inducement Plan and restricted stock unit agreements covering the grants.
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Thursday, February 1, 2024
Applied Optoelectronics will host a conference call and webcast for analysts and investors to discuss its fourth quarter and full year 2023 financial results and outlook for its first quarter 2024 at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time the same day.
Key Points:
- Applied Optoelectronics will host a conference call and webcast for analysts and investors to discuss its fourth quarter and full year 2023 financial results and outlook for its first quarter 2024 at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time the same day.
- To participate in the call, please dial 844-890-1794 and ask to be joined to the Applied Optoelectronics call.
- A live audio webcast of the conference call and supplemental financials will be accessible from the company's Investor Relations website at investors.ao-inc.com .
- Following the webcast, an archived version will be available on the website for one year.
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Friday, December 22, 2023
SUGAR LAND, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (Nasdaq: AAOI, hereinafter “AOI”), a leading provider of fiber-optic access network products for the cable broadband, internet datacenter, telecom and fiber-to-the-home (FTTH) markets, today announced that its subsidiary Global Technology Inc (hereinafter “Global Technology”) has filed two lawsuits for patent infringement against Suzhou CreaLights Optoelectronics Technology Co., Ltd. (hereinafter “CreaLights”) in China.
Key Points:
- SUGAR LAND, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (Nasdaq: AAOI, hereinafter “AOI”), a leading provider of fiber-optic access network products for the cable broadband, internet datacenter, telecom and fiber-to-the-home (FTTH) markets, today announced that its subsidiary Global Technology Inc (hereinafter “Global Technology”) has filed two lawsuits for patent infringement against Suzhou CreaLights Optoelectronics Technology Co., Ltd. (hereinafter “CreaLights”) in China.
- The two complaints, filed on December 8, 2023 in the Suzhou Intermediate People's Court of the People's Republic of China, allege that at least the CreaLights 100G QSFP28 CWDM4 optical transceiver module infringes AOI's Chinese patent No.
- Therefore, we have filed this lawsuit as a step to protect our intellectual property," said David Kuo, Senior VP & Chief Legal Officer.
- In the afore-mentioned lawsuits filed in China, AOI is seeking monetary damages from CreaLights and a permanent injunction.
