Applied Optoelectronics Soars to Record After Mediacom Broadband Deal

Overview

• Shares hit a new peak as the stock touched $233.67 intraday and closed up 18.49% at $223.10 after a Mediacom agreement and a distribution center activation.
• The deal supplies three products, including QuantumLink remote software, a 1.8 GHz amplifier, and a 1.8 GHz line extender, to help lift speeds for roughly one million Mediacom homes.
• Mediacom plans to use distributed access architecture with the DOCSIS 4.0 cable standard, more fiber, and eero 7 whole-home Wi‑Fi to push faster uploads and downloads.
• Applied Optoelectronics said exclusive distributor Digicomm has begun shipping from a stocked site in Englewood, Colorado to speed the rollout.
• The surge followed Q1 results that showed 51% revenue growth to $151.1 million but a $0.07 non‑GAAP loss, a Q2 revenue outlook of $180–$198 million, and a caution from Jim Cramer that fiber‑optic names look “parabolic.”