AAOI · PEAD ↑ 80

Applied Optoelectronics reported Q1 2026 results on 2026-04-30; consensus EPS was -$0.0498 (actual not yet in our feed).

Print-day reaction was +7.5% versus the prior close, a decisive gap-and-hold that pushed AAOI well above its pre-earnings range. The overnight move to the T+1 open was a modest -1.0% fade, suggesting limited after-hours give-back rather than a reversal. Day 1-to-3 drift came in at -1.6%, a slight softening that did not materially erode the initial move. Cumulative abnormal return of +16.4% versus SPY.US over the three-day window places this firmly in PEAD long territory; the documented drift pattern holds through 2026-07-28.