Applied Optoelectronics reports Q1 adjusted EPS -7c, consensus -5c

Reports Q1 revenue $151.1M, consensus $154.81M. We are pleased to deliver first quarter results that were in line with our expectations, driven by broad based demand in both our datacenter and CATV businesses,” said Dr. Thompson Lin, AOI’s Founder, President and Chief Executive Officer. “We continue to see strong customer engagement around our 800G transceivers and 1.6 Tb products, particularly as AI-driven datacenter investments accelerate. Notably, we completed our first volume shipment of our 800G products to one of our large hyperscale customers in Q1. Looking ahead, we continue to anticipate a strong volume ramp of our 800G products starting in Q2 and we anticipate sequential revenue growth throughout this year, with significantly larger growth expected starting in Q3 as additional capacity comes online. The fundamental drivers of long-term demand for our business remain robust and we believe we are well positioned to become the premier high-volume U.S. producer of AI-focused data center transceivers and optics.”

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