This statistic highlights Applied Optoelectronics revenue by customer. Applied Optoelectronics is a leading provider of fibre-optic networking products. The company reported a total GAAP revenue of $ 267.5 million in FY 2018.
Applied Optoelectronics has shifted focus to tech giants such as Amazon, Facebook and Microsoft, who are looking to upgrade their data centres to ensure faster cloud services. These companies are fast replacing Chinese telecom companies in their demand for optical technology. Nonetheless, the company should also look to diversifying its customer base to ensure consistent demand for its products.
Facebook provided 44.44% of the total revenue earned during Q3 FY 2010, amounting to $ 20.28 million. This was a 61.07% rise from the previous quarter and a 16% rise from the third quarter of the previous fiscal year.
There was a downtrend in the quarterly revenues earned from Amazon in the second and third quarters of FY 2019. The highest of such decline was 83.89% in the third quarter of FY 2017, this was followed by the maximum quarterly increase of 88.68% in Q4.
In Q3 FY 2017, Applied Optoelectronics gained 101.93% more revenue from Microsoft than in Q2. In the immediately succeeding quarter, however, there was a 28.87% decrease. One year hence, in Q4 FY 2018, there was a QoQ rise of 26.49%.
Undisclosed CATV customers brought in $ 4.61 million of revenue in Q3 FY 2019. This was a 45.5% decline from Q3 FY 2018, in line with the downtrend till date. All the other customers of Applied Optoelectronics raised $ 8.76 million of revenue in Q3 FY 2019.
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* Billed annually, local taxes extra.
* Local taxes extra.