Applied Optoelectronics reported a record $269.9 million revenue for Q3 2026, marking its sixth consecutive quarter of growth and a return to GAAP profitability with a net income of $6.3 million. The company is scaling manufacturing for high-demand AI-related optical products, securing a multi-year deal with a top hyperscale datacenter customer. Despite some delays in US capacity expansion due to construction issues, AOI expects to produce over 500,000 units monthly by end-2026 and aims to exceed 1 million units monthly by end-2027. The company forecasts Q4 revenue between $385 million and $420 million, with improved profitability driven by strong demand in datacenter and CATV markets.
Applied Optoelectronics shares dropped 31.16% to USD 40.80 as of Nov 06, 2026 04:21 WIB on Pluang. Despite strong revenue growth and profitability, the stock saw heavy trading with over 15.8 million shares changing hands. Most Pluang investors remain buyers, with 99% of order activity favoring purchases at this time.
AI optical stocks including Applied Optoelectronics, Coherent, and Lumentum fell sharply by 13-16% over two days despite strong earnings reports and raised revenue guidance. The selloff is driven by investor concerns following a Democratic sweep in C...
Applied Optoelectronics (AAOI) remains a 'Buy' ahead of its Q3 earnings despite a 30% decline since the initial recommendation. The company posted record Q2 revenue and profits but faced challenges from an equity raise, supply chain issues, and high ...
Optical networking stocks are recovering sharply, led by Coherent, which rose 6% before its critical earnings report expected on November 4. Despite this rebound, Coherent's stock is still down 37% over the past month, reflecting market caution. Appl...
Applied Optoelectronics remains optimistic about its long-term growth despite a 60% stock decline since June. The company forecasts a 130% year-over-year revenue increase in Q3 and expects to return to profitability, driven by strong demand from AI i...
