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SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that the Compensation Committee of its Board of Directors granted inducement awards for 14,190 shares of common stock to 5 new empl...
Microcaps that get added to the Russell 2000 generally see forced buying from index ETFs and mutual funds. The Russell inclusion for 2024 will add stocks to the index with market caps around $184 million.
SUGAR LAND, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that it will release financial results for its first quarter ended March 31, 2024 on Thursday, May 9, 2024.
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When you think about tech disruptor stocks, it's hard not to mention Uber Technologies (NYSE: UBER ). By making use of the “dead” space found in millions of cars in the U.S. – and increasingly across the world – Uber not only provided a convenient service but also forged an entirely new sharing economy.
Applied Optoelectronics Inc. NASDAQ: AAOI is a leader in fiber-optic networking products. The company designs and manufactures advanced fiber optic products, components and modules used in cable broadband networks, telecommunications, fiber-to-home deployments and data centers.
Applied Optoelectronics' stock price dropped over 30% after weak Q1-2024 outlook, but is expected to recover in the long term. The company's Q4-2023 earnings report showed improvement YoY and QoQ, but came in below expectations. Applied Optoelectronics' products are in high demand for data infrastructure and AI technology, positioning the company for future growth.
Applied Optoelectronics (NASDAQ: AAOI ) stock is taking a beating on Friday after the data networking company released its earnings report for the fourth quarter of 2023. The company's earnings report starts off solid with its adjusted earnings per share of 4 cents.
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