Management needs to restore confidence

[admin]

Yea, AH market is always rather volatile, more so with a stock like this. I only saw the first 20min of trading and that was before the CC, so the CC has dampened the enthusiasm a bit. Couldn't get into the CC but the transcript will probably be out tonight, no hurry as we're watching this from the stands.

[Cann]

Did anyone listen to the CC? Any news about Amazon? Thanks.

[Cann]

Speaking about AH volatility, admin. Trading range from $36 to $47..

[admin]

Applied Optoelectronics said Tuesday that adjusted third-quarter earnings were $1.08 a share, up 184% from a year ago, with revenue rising 27% to $88.9 million, edging consensus estimates. A year earlier, Applied Optoelectronics earned 38 cents a share on sales of $70 million. Analysts expected Applied Optoelectronics to report earnings of $1.04 a share on sales of $88.5 million for the period ended Sept. 30. In the current quarter, Applied Optoelectronics said it expects profit growth of 6% to 89 cents per share and revenue of $85.5 million, about flat from a year earlier vs. consensus estimates of 94 cents and $92 million in revenue. Applied Optoelectronics in October pre-announced disappointing third-quarter results that analysts said were related to slowing orders from Amazon.com ( AMZN ). "We are working diligently to diversify our customer base and are encouraged with the customer response so far, which led to nine design wins in the quarter, including three for our 100G products," Chief Executive Thompson Lin said in a news release.

Is This Optical Firm's Stock Bottoming Out? Outlook Surprises - Nasdaq.com