secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK:        0001158114
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001683168-24-005295
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAOI Q2 revenue $43.3M, GAAP EPS -$0.66; new 400G orders from hyperscale customer
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- GAAP revenue $43.3M vs $41.6M in Q2'23 and $40.7M in Q1'24.
- GAAP gross margin 22.1% (up from 19.0%); non-GAAP gross margin 22.5% (vs 24.8% a year ago).
- GAAP net loss $26.1M ($0.66/sh) vs $16.9M loss ($0.57/sh) in Q2'23; non-GAAP loss $10.9M ($0.28/sh) vs $6.1M ($0.21).
- Received orders for 400G products from a new large hyperscale customer; expects CATV ramp in Q3 and continued DC improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824005295/0001683168-24-005295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158114/000168316824005295/appliedopto_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-005295

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