🟢 Applied Optoelectronics is trading 6% up today on strong Q2 results and more-than-doubled 800G volumes

Applied Optoelectronics is trading 5.79% up now at $143.48 after investors continued responding to its August 6 earnings report.

• Second-quarter revenue reached $191.9 million, while non-GAAP earnings were $0.06 per share, exceeding expectations.
• Management projected third-quarter revenue of $255 million to $290 million and said 800G volumes more than doubled sequentially.
• The update reinforced expectations for continued AI infrastructure growth despite production constraints.