Applied Optoelectronics Q2 EPS $(0.28) Beats $(0.30) Estimate, Sales $52.30M Miss $57.14M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.28) per share which beat the analyst consensus estimate of $(0.30) by 6.67 percent. This is a 86.67 percent decrease over losses of $(0.15) per share

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.28) per share which beat the analyst consensus estimate of $(0.30) by 6.67 percent. This is a 86.67 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $52.30 million which missed the analyst consensus estimate of $57.14 million by 8.47 percent. This is a 3.49 percent decrease over sales of $54.19 million the same period last year.

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