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Stock impact report

Applied Optoelectronics Confirms No Material Impact to Operations from Typhoon Gaemi

Applied Optoelectronics, Inc. (AAOI) 
Last applied optoelectronics, inc. earnings: 2/27 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
Company Research Source: GlobeNewswire
SUGAR LAND, Texas and TAIPEI, Taiwan, July 25, 2024 (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 confirmed that its facilities suffered no known damage from Typhoon Gaemi. In the early morning hours of Thursday, Jul. 25, 2024, local time in Taiwan, Typhoon Gaemi came ashore in northeastern Taiwan. AOI operates an R&D, manufacturing, and administration facility in Taipei, TW, approximately 75 miles north of the location of the storm’s landfall. AOI’s facility suffered no known damage during the storm, and production operations are expected to continue as usual. “We are fortunate that Taipei was spared the worst of the storm’s destruction, and are pleased to report that our operations were not materially affected. However, our deepest sympathies go out to those affected in Taiwan and throughout Asia as the st Show less Read more
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