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Applied Optoelectronics Inc (OQ:AAOI)

Business Focus: Electronic Repair Services

Sector:  Technology Industry:  Electronic Equipment & Parts
 
See Regulatory Filings on SEC
Company Contact
Address: 13139 Jess Pirtle Blvd
SUGAR LAND TX 77478
Tel: 1-212-3318417
Website: https://ao-inc.com
IR: See website
Key People
Chihhsiang Lin
Chairman of the Board, President, Chief Executive Officer
Stefan J. Murry
Chief Financial Officer,Chief Strategy Officer
Todd Mccrum
Senior Vice President, Senior General Manager - Broadband Access
Hung-Lun Chang Fred
Senior Vice President and North America General Manager
Shu-Hua Yeh
Senior Vice President, Asia General Manager
David C. Kuo
Chief Compliance Officer, Vice President, General Counsel, Corporate Secretary
Business Overview
Applied Optoelectronics, Inc. is a vertically integrated provider of fiber-optic networking products. The Company designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies, and modules to complete turn-key equipment. The Company also designs, manufactures, and integrates its own analog and digital lasers using the proprietary Molecular Beam Epitaxy (MBE), and Metal Organic Chemical Vapor Deposition (MOCVD) fabrication process. The Company has manufacturing facilities in Taipei, Taiwan and Ningbo, China. The Company manufactures lasers and laser components and performs research and development activities for laser component and optical module products. The Company offers its fiber-optic networking products, primarily for four networking end-markets, such as cable television, (CATV), Internet data center, telecommunications, (telecom), and fiber-to-the-home (FTTH).
Financial Overview
For the fiscal year ended 31 December 2023, Applied Optoelectronics Inc revenues decreased 2% to $217.6M. Net loss decreased 16% to $56M. Revenues reflect Cable Tv Broadband segment decrease of 49% to $59.9M, Telecom segment decrease of 44% to $13.8M, Taiwan segment decrease of 13% to $143.5M, China segment decrease of 15% to $43.3M. Lower net loss reflects Foreign exchange transaction loss increase from $1.5M (expense) to $711K (income).