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Dec 31, 2024
Applied Optoelectronics Q4 2024 Earnings Report
Applied Optoelectronics reported solid Q4 2024 results, driven by strength in datacenter and CATV businesses.
Key Takeaways
Applied Optoelectronics reported its Q4 and Full Year 2024 financial results. The company saw increasing orders in its datacenter business and a significant increase in its CATV business due to a ramp in orders for 1.8 GHz amplifier products. Revenue growth more than doubled sequentially. The company also received a substantial order for Quantum Bandwidth® networking products from a top North American cable operator.
Generated a solid quarter, driven by strength in both datacenter and CATV businesses.
Continued to see increasing orders in the datacenter business and believe we have solid momentum going forward.
Saw a significant increase in the CATV business due to a ramp in orders for our 1.8 GHz amplifier products, which resulted in revenue growth that more than doubled sequentially.
Received a substantial order for Quantum Bandwidth® networking products from a top North American cable operator.
Forward Guidance
For the first quarter of 2025, the company expects to see continued growth in its datacenter and CATV businesses. They are focused on ramping production capabilities to meet anticipated rising demand.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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