secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001683168-23-002928
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Optoelectronics Q1 revenue $53M, net loss $0.56/shr; warns Q2 CATV inventory build-up
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- GAAP revenue $53.0M (flat YoY); GAAP net loss $16.3M ($0.56/shr) vs Q1 2022 loss of $16.1M ($0.58/shr).
- Non-GAAP net loss $7.1M ($0.25/shr) improved from $7.9M ($0.29/shr); non-GAAP gross margin 23.2% vs 17.5%.
- Q2 revenue negatively impacted by CATV customer inventory build-up; datacenter 100G demand improving.
- China facility sale to Yuhan Optoelectronic Technology expected to close in 2023 or early 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316823002928/0001683168-23-002928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316823002928/aaoi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-002928

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer