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Weekly Recap: Record Q3 results and data-center supply constraints
Applied Optoelectronics reported record third-quarter 2026 revenue of $269.9 million, up 127.5% from a year earlier, and non-GAAP earnings per share of $0.17. It forecast fourth-quarter revenue of $385 million to $420 million and earnings per share of $0.48 to $0.63, while citing strong data-center demand and supply constraints.
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What happened
Applied Optoelectronics reported record third-quarter 2026 revenue of $269.9 million, up 127.5% from a year earlier, and non-GAAP earnings per share of $0.17. It forecast fourth-quarter revenue of $385 million to $420 million and earnings per share of $0.48 to $0.63, while citing strong data-center demand and supply constraints.
Confirmed
Global impact / market context
Strong data-center demand can support further sales, but shortages of materials and delayed facilities limit how much the company can deliver. If those constraints persist, they could prevent revenue from reaching the forecast range; easing them could allow more orders to become shipments.
Analyst inference
The article reports sharply different analyst views: B. Riley retained a Neutral rating and cut its price target to $45, while Rosenblatt retained Buy and reduced its target to $115. These are analyst assessments, not company results or guarantees of future share performance.
Confirmed
What to watch
- Check whether fourth-quarter revenue and earnings per share land within the company’s forecast ranges of $385 million to $420 million and $0.48 to $0.63. Analyst inference
- Watch for updates on material shortages and facility delays, which could restrict production and postpone the capacity needed to meet data-center orders. Analyst inference
- The company signed a $194.4 million supply agreement for 2027 with a unit of Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. Confirmed
Evidence
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