secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K/A
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001683168-24-001140
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Opto corrects Q1 2024 non-GAAP net loss outlook to $10.9M-$12.6M; reports Q4 non-GAAP net income $1.6M
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- Corrected Q1 2024 non-GAAP net loss range from $18.9M-$20.8M to $10.9M-$12.6M due to clerical error.
- Q4 2023 revenue $60.5M; GAAP gross margin 35.7% (up from 10.1% YoY); non-GAAP net income $1.6M ($0.04 diluted EPS).
- Full year 2023 revenue $217.6M (down 2% YoY); GAAP net loss $56.0M ($1.75 per share); non-GAAP net loss $13.3M ($0.42 per share).
- Management guided Q1 2024 revenue decline due to Lunar New Year and price reductions; expects substantial improvement in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824001140/0001683168-24-001140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824001140/appliedopto_8ka1.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001140

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