U.S. Markets closed
  • S&P 500

    4,109.31
    +58.48 (+1.44%)
     
  • Dow 30

    33,274.15
    +415.12 (+1.26%)
     
  • Nasdaq

    12,221.91
    +208.43 (+1.74%)
     
  • Russell 2000

    1,802.48
    +34.10 (+1.93%)
     
  • Crude Oil

    75.70
    +1.33 (+1.79%)
     
  • Gold

    1,987.00
    -10.70 (-0.54%)
     
  • Silver

    24.24
    +0.25 (+1.03%)
     
  • EUR/USD

    1.0847
    -0.0062 (-0.5640%)
     
  • 10-Yr Bond

    3.4940
    -0.0570 (-1.61%)
     
  • Vix

    18.70
    -0.32 (-1.68%)
     
  • GBP/USD

    1.2332
    -0.0058 (-0.4686%)
     
  • USD/JPY

    132.7970
    +0.1080 (+0.0814%)
     
  • BTC-USD

    28,364.22
    -35.54 (-0.13%)
     
  • CMC Crypto 200

    621.79
    +7.58 (+1.23%)
     
  • FTSE 100

    7,631.74
    +11.31 (+0.15%)
     
  • Nikkei 225

    28,041.48
    +258.55 (+0.93%)
     

Applied Optoelectronics Third Quarter 2022 Earnings: Misses Expectations

Applied Optoelectronics (NASDAQ:AAOI) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$56.7m (up 6.4% from 3Q 2021).

  • Net loss: US$15.6m (loss narrowed by 1.1% from 3Q 2021).

  • US$0.56 loss per share (improved from US$0.58 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Applied Optoelectronics Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 60%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are down 21% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Applied Optoelectronics (1 can't be ignored!) that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here