Summary by Futu AI
Applied Optoelectronics, Inc. (AOI), a leading provider of fiber-optic network products, filed an amended Form 8-K/A with the U.S. Securities and Exchange Commission (SEC) on February 22, 2024, to correct a clerical error in its previously issued earnings release. The amendment adjusts the non-GAAP net loss range for the first quarter of 2024 from $18.9 million to $20.8 million to a revised range of $10.9 million to $12.6 million. The rest of the original Form 8-K, including the earnings release, remains unchanged. The company reported a non-GAAP net income of $1.6 million, or $0.04 per diluted share, for the fourth quarter of 2023, marking a significant improvement from a non-GAAP net loss of $5.4 million, or $0.19 per basic share, in the same quarter of the...Show More