Applied Optoelectronics Reports Q3 Earnings Beat and Significant Year-over-Year Revenue Growth
Applied Optoelectronics (AAOI) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a Non-GAAP EPS of $0.17, beating consensus by $0.03, while revenue reached $269.9 million, representing a substantial 127.5% increase compared to the same period last year. Despite the quarterly beat, the company's forward guidance for the fourth quarter of 2026 appears conservative relative to market expectations. Applied Optoelectronics projected revenue in the range of $385 million to $420 million, which falls slightly below the consensus estimate of approximately $427.26 million.
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