Recap: Applied Optoelectronics Q2 Earnings

Recap: Applied Optoelectronics Q2 Earnings

Applied Optoelectronics AAOI reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Applied Optoelectronics beat estimated earnings by 6.67%, reporting an EPS of $-0.28 versus an estimate of $-0.3.

Revenue was down $1.89 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 3.07% drop in the share price the next day.

Here's a look at Applied Optoelectronics's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.31 -0.22 -0.28 -0.18
EPS Actual -0.29 -0.20 -0.20 -0.15
Revenue Estimate 52.41M 53.01M 53.70M 54.12M
Revenue Actual 52.24M 54.41M 53.27M 54.19M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.31 -0.22 -0.28 -0.18
EPS Actual -0.29 -0.20 -0.20 -0.15
Revenue Estimate 52.41M 53.01M 53.70M 54.12M
Revenue Actual 52.24M 54.41M 53.27M 54.19M

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.

Posted In: BZI-RecapsEarnings