Applied Optoelectronics Surges to Record High Ahead of Earnings Report
Applied Optoelectronics (AAOI) reached a new all-time high on May 2, 2026, with its stock surging before an upcoming earnings report. The company is projecting strong revenue growth for Q1 but anticipates a net loss. AAOI also received a $20.9 million grant from Texas to expand manufacturing.
Tickers: $AAOI
Topics: manufacturing expansion revenue forecast stock performance