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Mar 31, 2020
Applied Optoelectronics Q1 2020 Earnings Report
Applied Optoelectronics reported first quarter results impacted by the COVID-19 pandemic, including a factory shutdown in China, but saw improved datacenter demand and increasing 5G-related activity.
Key Takeaways
Applied Optoelectronics announced its first quarter 2020 financial results, which were impacted by the COVID-19 pandemic, including an unanticipated shutdown of their China factory. However, the company is encouraged by improved datacenter demand and increasing 5G-related activity.
First quarter financial results were impacted by the COVID-19 pandemic.
The China factory experienced an unanticipated shutdown of nearly 3 weeks.
The company is encouraged by improved datacenter demand.
There is increasing 5G-related activity, particularly in China.
Forward Guidance
For the second quarter of 2020, the company expects:
Historical Earnings Impact
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Avg. Return Before/After Earnings
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