Applied Optoelectronics Reports $269.9 Million Revenue, Returns to GAAP Profit
Third-quarter 2026 revenue was $269.9 million, up from $118.6 million a year earlier. Net income was $6.3 million, gross profit was $76.2 million, and adjusted diluted EPS was $0.17.
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09:29:48 PM UTC
SquawkNews
Applied Optoelectronics’ revenue rose sharply year over year and it swung to net income from a loss, with higher data center sales driven by strong hyperscale demand and increased CATV sales from market-share gains and continued customer deployments. Government subsidy income also boosted results.F…
Applied Optoelectronics reported third-quarter 2026 revenue of $269.9 million, up from $118.6 million a year earlier, and returned to GAAP profitability with net income of $6.3 million. Gross profit was $76.2 million, and adjusted diluted earnings per share were $0.17. The company forecast fourth-q…