Applied Optoelectronics Reports Q3 Revenue of $269.9 Million
Third-quarter revenue rose from $118.6 million a year earlier; adjusted EPS was $0.17 versus FactSet consensus of $0.14. The company reported its sixth consecutive quarter of record revenue and a return to GAAP profitability, and forecast Q4 revenue of $385 million to $420 million and adjusted diluted EPS of $0.48 to $0.63.
Applied Optoelectronics, Inc. reported third quarter 2026 GAAP revenue of $269.9 million, a significant increase from $118.6 million in the same period of 2025. The company achieved an adjusted EPS of $0.17, surpassing the FactSet consensus estimate of $0.14. Management highlighted that this quarter marked the company's sixth consecutive quarter of record revenue and a return to GAAP profitability.
For the fourth quarter of 2026, the company provided guidance expecting revenue between $385 million and $420 million, with adjusted diluted EPS projected in the range of $0.48 to $0.63.