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AOI Sales Up 127%, Gross Margin Stuck at 28%: Rapid Earnings Reaction

Datacenter demand is lifting sales at this optical networking company, but profit is not keeping up. We look at what supports the bottom line and what the outlook requires.

  • Applied Optoelectronics revenue up 127% to $269.9 million
  • Gross margin stagnant near 28%, operations still unprofitable
  • Non-GAAP guidance for next quarter 29.5% to 31%

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