Applied Optoelectronics Reports First Quarter 2020 Results
SUGAR LAND, Texas,, May 07, 2020 (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 financial results for its first quarter 2020 ended March 31, 2020.
- SUGAR LAND, Texas,, May 07, 2020 (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 financial results for its first quarter 2020 ended March 31, 2020.
- GAAP gross margin was 15.7%, compared with 23.4% in the first quarter of 2019 and 23.3% in the fourth quarter of 2019.
- Non-GAAP gross margin was 19.5%, compared with 25.5% in the first quarter of 2019 and 27.6% in the fourth quarter of 2019.
- The company will host a conference call and webcast for analysts and investors on May 7, 2020 to discuss its first quarter 2020 results and outlook for its second quarter of 2020 at 4:30 p.m. Eastern time / 3:30 p.m. Central time.