Applied Optoelectronics Amends 8-K for Clerical Error
Ticker: AAOI · Form: 8-K/A · Filed: Feb 23, 2024 · CIK: 1158114
| Field | Detail |
|---|---|
| Company | Applied Optoelectronics, INC. (AAOI) |
| Form Type | 8-K/A |
| Filed Date | Feb 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $18.9 million, $20.8 million, $10.9 million, $12.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, clerical-error, financial-condition
TL;DR
**AOI filed an 8-K/A to fix a clerical error in their financial results press release.**
AI Summary
Applied Optoelectronics, Inc. filed an 8-K/A on February 22, 2024, to amend a previous 8-K filing. The amendment was made to correct a clerical error in a press release related to the company's results of operations and financial condition. The company, based in Sugar Land, Texas, operates under the SIC code 3674 for Semiconductors & Related Devices.
Why It Matters
This amendment clarifies previously reported financial information, ensuring accuracy for investors and stakeholders.
Risk Assessment
Risk Level: low — The filing is an amendment to correct a clerical error, which typically does not indicate a significant new risk.
Key Players & Entities
- APPLIED OPTOELECTRONICS, INC. (company) — Registrant
- February 22, 2024 (date) — Date of earliest event reported
- Sugar Land, Texas (location) — Principal executive offices
- 001-36083 (other) — Commission File Number
- 76-0533927 (other) — I.R.S. Employer Identification No.
FAQ
What was the purpose of the 8-K/A filing by Applied Optoelectronics, Inc.?
The purpose of the 8-K/A filing was to correct a clerical error in a press release related to the company's results of operations and financial condition, as stated in the filing: "to correct press release due to a clerical error."
When was the earliest event reported for this 8-K/A filing?
The earliest event reported for this 8-K/A filing was February 22, 2024, as indicated by "Date of Report (Date of earliest event reported): February 22, 2024."
What is the business address of Applied Optoelectronics, Inc.?
The business address of Applied Optoelectronics, Inc. is 13139 Jess Pirtle Blvd., Sugar Land, Texas 77478, according to the filing.
What is the Central Index Key (CIK) for Applied Optoelectronics, Inc.?
The Central Index Key (CIK) for Applied Optoelectronics, Inc. is 0001158114, as listed under 'COMPANY DATA' in the filing.
Under which Standard Industrial Classification (SIC) does Applied Optoelectronics, Inc. operate?
Applied Optoelectronics, Inc. operates under the Standard Industrial Classification (SIC) of SEMICONDUCTORS & RELATED DEVICES [3674], as stated in the 'COMPANY DATA' section.
Filing Stats: 621 words · 2 min read · ~2 pages · Grade level 9.5 · Accepted 2024-02-22 21:31:05
Key Financial Figures
- $0.001 — ch registered Common Stock, Par value $0.001 AAOI NASDAQ Global Market Indicate
- $18.9 million — laces the range of non-GAAP net loss of $18.9 million to $20.8 million set forth in the first
- $20.8 million — f non-GAAP net loss of $18.9 million to $20.8 million set forth in the first quarter 2024 bus
- $10.9 million — se with a range of non-GAAP net loss of $10.9 million to $12.6 million. All other information
- $12.6 million — f non-GAAP net loss of $10.9 million to $12.6 million. All other information contained in the
Filing Documents
- appliedopto_8ka1.htm (8-K/A) — 30KB
- aaoi_ex9901.htm (EX-99.1) — 129KB
- image_001.jpg (GRAPHIC) — 42KB
- 0001683168-24-001140.txt ( ) — 402KB
- aaoi-20240222.xsd (EX-101.SCH) — 3KB
- aaoi-20240222_lab.xml (EX-101.LAB) — 33KB
- aaoi-20240222_pre.xml (EX-101.PRE) — 22KB
- appliedopto_8ka1_htm.xml (XML) — 4KB
02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On February 22, 2024, the Company filed the Original Form 8-K, which included the Original Earnings Release. This Amendment No. 1 replaces the Original Earnings Release with the amended earnings release, which is attached hereto as Exhibit 99.1 (the "Amended Earnings Release") and incorporated herein by reference. The Amended Earnings Release corrects and replaces the range of non-GAAP net loss of $18.9 million to $20.8 million set forth in the first quarter 2024 business outlook section of the Company's Original Earnings Release with a range of non-GAAP net loss of $10.9 million to $12.6 million. All other information contained in the Original Earnings Release remains unchanged. See "Forward-Looking Information" and "Non-GAAP Financial Measures" in the Amended Earnings Release for additional information.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description 99.1 Corrected press release dated February 22, 2024, issued by Applied Optoelectronics, Inc., filed herewith. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APPLIED OPTOELECTRONICS, INC. By: /s/ David C. Kuo Name: David C. Kuo Title: Chief Legal and Compliance Officer and Secretary February 22, 2024 3