DA Davidson Downgrades Applied Optoelectronics (AAOI) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Applied Optoelectronics Reports Fourth Quarter and Year 2018 Results
February 21, 2019 4:10 PM ESTSUGAR LAND, Texas, Feb. 21, 2019 (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 fourth quarter and year ended Dec. 31, 2018.
In the fourth quarter, customer demand was consistent with our expectations, and we delivered revenue and earnings within our guidance range, said Dr. Thompson Lin, Applied Optoelectronics Inc. founder and CEO. While 2018 had its challenges for the overall optics market and for AOI, we made good progress on diversifying... More
