Applied Optoelectronics: Q4 Earnings Insights

Applied Optoelectronics AAOI reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

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

Earnings

Applied Optoelectronics beat estimated earnings by 9.09%, reporting an EPS of $-0.2 versus an estimate of $-0.22.

Revenue was up $1.63 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 32.18% drop in the share price the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Applied Optoelectronics management provided guidance for their next quarter, expecting earnings between $-0.35 and $-0.3 per share for the next quarter.

This represents a -62.5% in quarter-over-quarter growth for Applied Optoelectronics, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.