Applied Optoelectronics (NASDAQ:AAOI) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Applied Optoelectronics reported in-line EPS of $-0.05 versus an estimate of $-0.05.
Revenue was up $5.85 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 67.07% increase in the share price the next day.
Here’s a look at Applied Optoelectronics’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.28 | -0.18 | -0.30 | -0.29 |
| EPS Actual | -0.21 | -0.25 | -0.19 | -0.26 |
| Revenue Estimate | 45.43M | 53.77M | 61.29M | 58.83M |
| Revenue Actual | 41.62M | 53.00M | 61.58M | 56.69M |
To track all earnings releases for Applied Optoelectronics visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
