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Applied Optoelectronics Beats Q3 Net Income Expectations with $6.3 Million

Associated Press +2 · ·by G4L

AAOI
AAOI Applied Optoelectronics Inc
$52.10 +3.93%
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  1. 1Applied Optoelectronics Inc. reported Q3 net income of $6.3 million.
  2. 2Applied Optoelectronics Inc. reported Q3 revenue of $269.9 million.
  3. 3The result exceeded the average analyst estimate of 14 cents per share for Q3 surveyed by Zacks Investment Research.

So what's the key point?

Applied Optoelectronics Inc. earned more profit in the third quarter than experts expected. This means the company's performance was better than anticipated.

Source Associated Press +2 · View original ↗

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