Applied Optoelectronics Outlook Rises Amid Possible U.S. China Ban
Applied Optoelectronics reported Q2 2025 non-GAAP net income of $5.5 million versus a $8.8 million loss, while funding expansion with $565.5 million in capital expenditures including $280 million in equipment prepayments. Management expects a near-term 100G product-mix headwind, with revenue down $20 million to $25 million. Analysts raised price targets amid an AI-driven optical networking demand outlook.