Applied Optoelectronics (NASDAQ: AAOI) reported Q4 2024 results with revenue of $100.3 million, up from $60.5 million in Q4 2023. The quarter showed strength in both datacenter and CATV businesses, with CATV revenue more than doubling sequentially due to increased 1.8 GHz amplifier orders.Q4 2024 highlights include: GAAP gross margin of 28.7% vs 35.7% in Q4 2023GAAP net loss of $119.7 million ($2.60 per share)Non-GAAP net loss of $1.0 million ($0.02 per share)For full year 2024, revenue was $249.4 million compared to $217.6 million in 2023, with GAAP net loss of $186.7 million. Q1 2025 outlook projects revenue between $94-104 million with non-GAAP gross margin of 29-30.5%.

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Applied Optoelectronics takes legal action to protect its optical transceiver technology, seeking damages and injunction against Accelight Technologies' alleged patent infringement.

Applied Optoelectronics (AAOI) has appointed Kevin Jones as vice president of sales for its Quantum Bandwidth™ broadband access division. Jones will oversee global sales operations, particularly focusing on Cable Multiple System Operators (MSO) markets. With extensive experience from previous roles at Ciena, CommScope, Casa Systems, and Scientific-Atlanta, Jones brings expertise in major cable network transitions including HFC and DOCSIS upgrades, Digital TV, Voice over IP, Switched Digital Video, and Distributed Access Architecture.The appointment aligns with AOI's strategy to expand its business through Quantum Bandwidth products in the cable operator market segment.