Applied Optoelectronics Increases Guidance for Third Quarter 2016
SUGAR LAND, Texas, Sept. 06, 2016 -- Applied Optoelectronics, Inc. (AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, and fiber-to-the-home markets, today announced updated guidance for its third quarter ended Sept. 30, 2016.
Revised Third Quarter 2016 Guidance+
Revenue in the range of $63.0 million to $65.0 million, above the prior outlook of $56.0 million to $59.0 million.
Non-GAAP gross margin in the range of 30.5% to 32.0%, the same as the prior outlook of 30.5% to 32.0%.
Non-GAAP net income in the range from $4.7 million to $5.2 million, above the prior outlook of $2.9 million to $3.8 million.
- Published: 07 September 2016
- Written by Editor