Applied Optoelectronics reported financial results for the fourth quarter and full year ended December 31, 2019, showing sequential revenue growth.
Encouraged with financial performance in Q4, which reflects another quarter of sequential revenue growth.
Pleased by the customer interest in 400G products.
Secured first 400G design win with a Tier 1 network equipment manufacturer.
Expect a continued soft cable TV environment, coupled with typical seasonal patterns and the effects of the coronavirus, to impact near-term results, expect this to be partially offset by growth in datacenter and telecom segments driven by datacenter upgrades and 5G related sales.
For the first quarter of 2020, the company currently expects:
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