AAOI Q2 Revenue Surges 86% to $191.9M, But GAAP Loss and Margin Details Weigh
AAOI has more than doubled off its 52-week low of $18.5 on elevated volume (2.0× avg).
Summary
Applied Optoelectronics posted Q2 revenue of $191.9M, up 86% year-over-year, beating consensus by a slim margin. However, the company reported a GAAP net loss of $22.8M ($0.28 per share), while adjusted net income came in at $5.5M ($0.06 per share). Gross margin was 27.7% on a GAAP basis and 29.8% adjusted. Shares fell 13.2% during Q2 but remain up 268.8% year-to-date. The stock is a top holding in the new Roundhill Photonics & Optics ETF (LYTE), reflecting its role in AI infrastructure. This follows the initial Q2 revenue beat reported on August 6, adding granularity on profitability and margin pressures. The company also granted 1,048 RSUs to four new hires, a minor equity event.
At the time of this announcement, AAOI was trading at $142.31 on NASDAQ in the Technology sector, with a market capitalization of approximately $11.5B. The 52-week trading range was $18.50 to $233.67. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.