Applied Optoelectronics Rises On Strong Q4-2024 Outlook And Future Data Center Growth
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Applied Optoelectronics has seen a significant stock price increase of 326.38% over the last six months. The company reported strong Q3-2024 results and anticipates a 40% revenue growth for Q4-2024, driven by high demand for fiber optics in US data centers.
December 24, 2024 | 5:00 am
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Applied Optoelectronics has experienced a 326.38% stock price increase over the past six months. The company reported strong Q3-2024 results and expects a 40% revenue growth in Q4-2024, driven by high demand for fiber optics in US data centers.
The significant stock price increase and strong financial outlook indicate positive investor sentiment. The anticipated 40% revenue growth for Q4-2024, driven by high demand for fiber optics in US data centers, suggests continued strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100