AAOI 34.50 - getting a bit of interest in afterhours after falling to 32.32 and announcing earnings for 2/21 afterclose - anyone see other news?
For the fourth quarter of 2017, the company currently expects:
Revenue in the range of $81 million to $90 million. Non-GAAP gross margin in the range of 41% to 43%. Non-GAAP net income in the range of $16.6 million to $19.5 million, and non-GAAP fully diluted earnings per share in the range of $0.82 to $0.96 using approximately 20.3 million shares.
Been dabbling back in from $35 and tripled down today in the 32's. Blows my mind how so many pos-losers get jammed up (see yesterday's PTC release and the herd loved it - lol) and an AAOI gets hammered? One day reality will kick back in - I THINK?