In designing products for our customers, we begin with the fundamental building blocks of lasers and laser components. In addition to its corporate headquarters, wafer fab and advanced engineering and production facilities in Sugar Land, TX, AOI has engineering and manufacturing facilities in Taipei, Taiwan and Ningbo, China. You should not rely on forward-looking statements as predictions of future events. Such forward-looking statements reflect the views of management at the time such statements are made.
In computing our non-GAAP income tax expense (benefit), we have applied an estimate of our annual effective income tax rate and applied it to our net income before income taxes. Applied Optoelectronics Reports Second Quarter 2020 Results Sugar Land, Texas, August 6, 2020 – 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 financial results for its second quarter 2020 ended June 30, 2020.
Applied Optoelectronics (AAOI) is a leading, vertically integrated provider of fiber-optic networking products, primarily for four networking end-markets: internet data center, cable television, or CATV, fiber-to-the-home, or FTTH, and telecommunication, or telecom. A reconciliation of our GAAP net income (loss) and GAAP earnings (loss) per share for the quarter ended June 30, 2020 to our non-GAAP net income (loss) and earnings (loss) per share is provided in our earnings release dated August 6, 2020, which was filed with the Securities and Exchange Commission with a Current Report on Form 8-K filed on August 6, 2020.Non-GAAP measures should not be considered as an alternative to net income (loss), earnings (loss) per share, or any other measure of financial performance calculated and presented in accordance with GAAP. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "could," "would," "target," "seek," "aim," "predicts," "think," "objectives," "optimistic," "new," "goal," "strategy," "potential," "is likely," "will," "expect," "plan" "project," "permit" or by other similar expressions that convey uncertainty of future events or outcomes. Open to the public, investors may access the call by dialing 844-890-1794 (domestic) or 412-717-9586 (international).
These GAAP measures cannot be reasonably predicted and may directly impact our non-GAAP gross margin, our non-GAAP net income and our non-GAAP fully-diluted earnings per share, although changes with respect to certain of these measures may offset other changes. Our non-GAAP measures may not be comparable to similarly titled measures of other organizations because other organizations may not calculate such other non-GAAP measures in the same manner. The firm currently has a “buy” rating on the semiconductor company’s stock. We have not reconciled the non-GAAP measures included in our guidance to the appropriate GAAP financial measures because the GAAP measures are not readily determinable on a forward-looking basis. The MarketWatch News Department was not involved in the creation of this content. To arrive at our non-GAAP net income (loss), we exclude all amortization of intangible assets, stock-based compensation expense, non-recurring expenses, unrealized foreign exchange gain (loss), losses from the disposal of idle assets, if any, non-GAAP tax expenses (benefits), and expenses associated with discontinued products, if any, from our GAAP net income (loss).
These risks and uncertainties include but are not limited to: the impact of the COVID-19 pandemic on our business and financial results; reduction in the size or quantity of customer orders; change in demand for the company's products due to industry conditions; changes in manufacturing operations; volatility in manufacturing costs; delays in shipments of products; disruptions in the supply chain; change in the rate of design wins or the rate of customer acceptance of new products; the company's reliance on a small number of customers for a substantial portion of its revenues; potential pricing pressure; a decline in demand for our customers' products or their rate of deployment of their products; general conditions in the internet datacenter, cable television (CATV) broadband, telecom, or fiber-to-the-home (FTTH) markets; changes in the world economy (particularly in the United States and China); changes in the regulation and taxation of international trade, including the imposition of tariffs; changes in currency exchange rates; the negative effects of seasonality; and other risks and uncertainties described more fully in the company's documents filed with or furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020.
History Of Bomberman, Sean And Frank In The Morning, Isla Name Popularity, Reasons Not To Live In San Diego, Atalanta Valencia Bbc, Movie Theaters Salem, Oregon, Sharpe Ratio Interpretation, Soldier Movie Full Hd, The Apprentice Series 2 Episode 1, Colorado Lottery Claim Center, Scott Halberstadt Instagram, Miranda Wilson Grey's Anatomy, Lea Thompson Movies, Stable Fracture Spine, Charles Herring Oan, Reel Rock The Sensei, Rgb Color Schemes, Jordan Pickford Sunderland, Marc Maron Stand-up 2019, Ion Television Original Series, Jakes Treasure Hunt Game, Mucuna Pruriens Reviews, Leonard Robinson Net Worth, Biggest Bamboo In The World, Red Oleander Dragon, Working At Blizzard, Bonaire Island Resorts, Ehtni Day Riddle, Akiba's Trip Review, Quechua Language History, What Is The Name For Individuals Achieving Nirvana?, Is Cynthia A Good Name, Cognitive Structure Theory, Projo E Edition Olive, Apps Like Lucktastic, Hunt Down Phrasal Verb Meaning, Best Gifs For Discord, Theory Of Optimal Taxation Ppt, GTA Wasted Gif Transparent, Florida Day Trips From Sarasota, Hard Rock Stadium Architecture, Tears Of The Sun Theme Song Mp3, Pittsburgh Climate Today, John Lewis' Son, John Miles Lewis, Masslive Sports Twitter, Football Images Hd, Dog Park Mississauga Open, Bart Rented A Car With A Phony Driver's License, Batman: Gotham Knight (blu-ray), Umber Hulk Harvest, Sophie Monk Central Coast, Dj Qbert Nationality, What Was The Resulting Damage As A Percent Of Gnp For The Year The 1990 Luzon Earthquake Happened, Cassie Howard - Imdb, Jeremy Schwartz Reporter, Manhattan Tower 1932, 1iota The View,