I saw that!!! IMPOSSIBLE!!! (But, they did it!! HA-HA!!)
I like the triple play the Yankees executed that was on my YouTube Shorts!
THANKS, Cpt. C-O-24!!! Now I can SLEEP tonight!!!
Rachel Balkovec won her debut managing the Low-A Tampa Tarpons in the New York Yankees' system, becoming the first woman to skipper a team affiliated with a major league club. She is a manager and not a player.
A little OFF subject, but did the Yankees this year have a LADY in their 'Cactus League'?? If so, what POSITION --- NO pun intended --- were they thinking about for her (e.g., pitching, catching, shortstop)??????
THANKS!! Great day, anyway! NICE Company; GREAT news, & more coming!!
Why Applied Optoelectronics Shares Are Popping Off Friday
1:11 pm ET September 16, 2022 (Benzinga) Print
Applied Optoelectronics Inc (NASDAQ: AAOI) shares are trading higher by 42.8% to $3.57 during Friday's trading session after the company announced the sale of its Chinese manufacturing facilities to Yuhan Optoelectronic Technology for $150 million.
The company anticipates that the transaction will be completed in 2023 and is subject to customary closing conditions and regulatory approvals.
"The significant proceeds from this transaction will enable us to make strategic investments in higher margin and higher growth opportunities," said Dr. Thompson Lin, Applied Optoelectronics Inc Founder, President and Chief Executive Officer.
"After careful consideration, we concluded that it is in the best interest of the company and our shareholders for AOI to exit the transceiver market and focus our resources on our CATV business and manufacturing lasers and laser components for the datacenter, CATV, telecom, and FTTH markets. Further, we believe that this transaction opens up new opportunities for customer expansion with our existing datacenter laser business, which has a large addressable market."
See Also: So Is Dogecoin Heading Back to 5 Cents Or Making A Run To 10 Cents? Survey Says...
Applied Optoelectronics Is Maintained at Outperform by Northland Capital Markets
9:53 am ET September 16, 2022 (Dow Jones) Print
Ratings actions from Benzinga: https://www.benzinga.com/stock/AAOI/ratings
(END) Dow Jones Newswires
September 16, 2022 09:53 ET (13:53 GMT)
you got it !!!!
AAOI: Best news of the day, & this will likely CRASH!! GO-FIGURE!! Heck, if this had PR'd today about bankruptcy; or about being investigated for fraud; or about being SUED for damages, it likely would have SOARED to the Moon!! But then, maybe GREAT news still works --- somewhere??? Let's see what happens.
Beautiful News! Thanks for posting it!
AAOI: And yet MORE news today --- launched their "QUANTUM" stuff!! Our men (& Ladies) need QUANTUM stuff on a Galactic scale!!
Sold 10,10 yesterday and bought 8.69 a few minutes back
News: $AAOI Why Applied Optoelectronics Stock Soared Today
Shares of Applied Optoelectronics (NASDAQ: AAOI) have soared today, up by 18% as of 12:40 p.m. EDT, after getting an upgrade from Wall Street. Needham boosted its rating on the fiber-optic networking technology specialist from hold to buy while assigning a $15 price target. Analyst Alex H...
Got this from AAOI - Why Applied Optoelectronics Stock Soared Today
News: $AAOI Applied Optoelectronics Announces Sampling of 400G Silicon-Photonics Optical Module
SUGAR LAND, Texas, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom, and fiber-to-the-home (FTTH) markets, today announced customer sample availabil...
Read the whole news https://marketwirenews.com/news-releases/applied-optoelectronics-announces-sampling-of-400g-silicon-photonics-optical-module-7418492.html
Out @ $34.25 -- chance to gain from small swing. Look to re-enter.
Back in @ $33.10 due to early gap down.
Positive article today on Fool:
Tariff Talk Sinks Applied Optoelectronics Stock Over 20%, but the Worry Is Overdone
Nicholas Rossolillo, The Motley Fool
Motley FoolSeptember 16, 2018
Shares of fiber optic networking manufacturer Applied Optoelectronics (NASDAQ: AAOI) fell as much as 25% in late August through early September on tariff worries. Comments from the White House that taxes could be imposed on virtually all goods imported into the U.S. from China sent investors scurrying for the exits, and Wall Street analyst downgrades of some of AOI's peers didn't help either. Since the company has operations in China, it could be argued that the political concerns are valid. However, AOI is in good shape, and after another stock price adjustment, shares look like a value play again.
Why some are concerned
At the beginning of September, President Trump warned he might tax another $267 billion in Chinese goods. After a couple of rounds of tariffs already imposed, that means virtually all goods imported to the U.S. from China would get hit with a tax.
Why is that bad news for Sugarland, Texas-based Applied Optoelectronics? Because AOI has three manufacturing facilities: one in Sugarland; one in Taipei, Taiwan; and a third in Ningbo, China. AOI spreads component manufacturing and different levels of its vertically integrated operations across all of its facilities, but the China factory plays a crucial role. The company explained it this way in its last annual report (emphasis is mine):
In our Sugar Land facility, we manufacture laser chips (utilizing our MBE and MOCVD process), subassemblies and components. The subassemblies are used in the manufacture of components by our other manufacturing facilities or sold to third parties as modules. We manufacture our laser chips only within our Sugar Land facility, where our laser design team is located. In our Taiwan location, we manufacture optical components, such as our butterfly lasers, which incorporate laser chips, subassemblies and components manufactured within our Sugar Land facility. In addition, in our Taiwan location, we manufacture transceivers for the internet data center, telecom, FTTH and other markets. In our China facility, we take advantage of lower labor costs and manufacture certain more labor intensive components and optical equipment systems, such as optical subassemblies and transceivers for the internet data center market, CATV transmitters (at the headend) and CATV outdoor equipment (at the node).
In addition, AOI is spending $90 million this year in capital expenditures, part of which includes a new facility in Ningbo, China, that recently broke ground and is expected to be completed in 2020. AOI doesn't say specifically how much of its manufacturing is done on mainland China, nor does it break down the specifics on the geographies in which its final product is sold. However, there is concern that any product that originates -- or has components that originate -- from China will get an extra tax, and that the extra cost will cause AOI to lose orders from its customers.
An illustration of a cloud representing a data center. Computers are arranged in a circle around the cloud, hooked up to it via the internet.
Out today @ $35.40. Up on no news, only an article. Will buy back when drops. Problem with the current position is the high % of shorts ("Short Float 49.45%")
Settlement Date Short Interest
Just under 12 days to cover, down from 14,544,345 shares on 3/15/2018 or 13.4 to cover. Though we are barely lower in April, that is still the second highest level of short interest since 1/1/17.
Down big today because of revenue misses even below management guidance. Getting tired of the constant excuses and lame explanations.
Missed earnings estimates . The company posted adjusted earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.33 per share. Investors should note that this consensus projection has trended downward over the duration of the quarter.
The company saw revenue figures of $65.2 million, missing our consensus estimate of $69.3 million. Total revenue was down 32% from the year-ago period.
GAAP net income was $2.1 million, down from $19.8 million in the prior-year quarter.
"We achieved revenue in the first quarter of $65.2 million, which was slightly below our guidance as we were unable to complete some orders in the quarter due to higher than expected employee turnover in our China factory as a result of the Lunar New Year holiday. These orders have been shipped in Q2. In the first quarter, we made good progress in diversifying our customer base with nine design wins, including five for our 100G products," said CEO Dr. Thompson Lin.