Applied Optoelectronics

Feb 23, 2023

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Dec 31, 2022

Applied Optoelectronics Q4 2022 Earnings Report

Reported revenue in line with expectations and continued improvement in non-GAAP gross margin, which exceeded guidance range due to cost reduction efforts and favorable product mix.

Key Takeaways

Applied Optoelectronics announced Q4 2022 financial results, reporting revenue in line with expectations and improvement in non-GAAP gross margin. The company generated the highest quarterly CATV revenue in its history and continues to see robust demand.

Revenue was in line with expectations.

Non-GAAP gross margin improved and exceeded the guidance range.

Cost reduction efforts and favorable product mix positively impacted Q4 results.

Generated the highest quarterly CATV revenue in the company’s history.

Total Revenue

$61.6M

Previous year: $54.4M