Applied Optoelectronics Announces Definitive Agreement to Sell its Chinese Manufacturing Facilities and Certain Assets Related to its Transceiver Business for

Laveta Brigham

Applied Optoelectronics, Inc. Positions the Company to Focus on Higher Margin and Higher Growth Opportunities Transaction is Expected to Close in 2023Company to Host Conference Call and Webcast at 5 p.m. ET Today SUGAR LAND, Texas, Sept. 15, 2022 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI) (the “Company” or “AOI” […]

GameStop, American Eagle, Dave & Buster’s

Laveta Brigham

GameStop (GME): GameStop shares spiked in after hours trading after the retailer announced a partnership with crypto platform FTX. The agreement “is intended to introduce more GameStop customers to FTX’s community and its marketplaces for digital assets,” according to the release. GameStop and FTX will collaborate on eCommerce and online […]

Zscaler Reports Fourth Quarter and Fiscal 2022 Financial Results

Laveta Brigham

Zscaler, Inc. Fourth Quarter Highlights Revenue grows 61% year-over-year to $318.1 million Calculated billings grows 57% year-over-year to $520.4 million Deferred revenue grows 62% year-over-year to $1,021.1 million GAAP net loss of $97.7 million compared to GAAP net loss of $81.0 million on a year-over-year basis Non-GAAP net income of $36.4 […]

After hours stock movers: RH, DocuSign, Zumiez

Laveta Brigham

RH (RH): RH shares rose 1% after hours after the retailer beat on both the top and bottom lines for the second quarter but cut its full year revenue forecast. Sales for the quarter totaled $991.6 million, up 0.3% from a year ago, on adjusted earnings of $8.08 per share. […]