 Shares of Applied Optoelectronics NASDAQ: AAOI, a developer and manufacturer of advanced optical products, were tumbling today as investors processed the companys first-quarter 2020 financial results that were released Thursday. The company reported revenue of 40.5 million, which was down 23 year over year and short of analysts consensus estimate of 45 million. Meanwhile, its adjusted loss per share of 0.44 was worse than Wall Streets consensus estimate of 0.38. 