Applied Optoelectronics reported continued strength in CATV product sales with significant year-over-year and sequential growth. The company secured two design wins for its 400G products, anticipating a recovery in the datacenter business.
CATV product sales recorded significant year-over-year and sequential growth, becoming the largest product type in Q2.
The company secured two design wins for its 400G products during the second quarter.
Anticipates increased contribution from 400G products will drive a recovery in the datacenter business.
Financial results were announced for the second quarter 2021 ended June 30, 2021.
For the third quarter of 2021, the company provided forward-looking statements regarding its business outlook.
Analyze how earnings announcements historically affect stock price performance