On August 7, Applied Optoelectronics rose 13.58% in regular trading, trading at $138.15/share, with turnover of $646 million. The stock rebounded sharply as the market repriced the company's Q2 earnings beat and robust medium-term demand outlook following a prior session selloff driven by profit-taking.

The company reported Q2 revenue of $191.9 million, up 86% year-over-year, exceeding the consensus estimate of $190.5 million. Adjusted EPS came in at $0.06, significantly above the $0.02 analyst expectation. Data center revenue surged approximately 140% YoY, surpassing $100 million for the first time. Management stated on the earnings call that customer demand exceeds supply capacity by 20% to 40%, with the supply-demand gap expected to persist through mid-2027. Additionally, 800G product revenue is projected to grow nearly fivefold sequentially in Q3.

Within the Communication Equipment sector, Lumentum rose 6.54%, Nokia up 1.27%, and Arista Networks up 0.83%, reflecting broad strength across the optical communications space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)