Recap: Applied Optoelectronics Q2 Earnings - Applied Optoelectronics (NASDAQ:AAOI)

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.

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.

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

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.