May 10, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Applied Optoelectronics Inc (NASDAQ:AAOI) shares over potential securities laws violations by Applied Optoelectronics and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Applied Optoelectronics Inc (NASDAQ:AAOI) concerning whether a series of statements by Applied Optoelectronics regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) reached as high as $22.11 per share in August 2015.

On February 24, 2016, Applied Optoelectronics Inc reported its fourth quarter and year 2015 results. Applied Optoelectronics Inc reported that its annual Total Revenue rose from $130.45 million in 2014 to $189.90 million in 2015 and that its Net Income increased from $4.28 million in 2014 to $10.79 million in 2015. Applied Optoelectronics Inc also issued its first quarter 2016 business outlook.

On April 18, 2016, Applied Optoelectronics Inc announced its preliminary first quarter 2016 results. Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) declined from $16.11 per share on April 18, 2016, to as low as $11.01 per share on April 21, 2016.

On May 9, 2016 Applied Optoelectronics Inc reported its first quarter 2016 results and issued its outlook for its second quarter 2016. Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) declined on May 9, 2016 to as low as $10.26 per share.