Applied Optoelectronics (AAOI) Rises Ahead of Earnings with Strong Revenue Growth Outlook
Shares of Applied Optoelectronics surged over 15% as the company anticipates a significant revenue increase in Q2 driven by strong demand for its AI-related products. The firm expects to report between $180 million and $198 million, up from $103 million last year.
Tickers: $AAOI
Topics: expansion plans revenue guidance stock price movement