Applied Optoelectronics (NASDAQ: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:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.28 | -0.18 | -0.27 | -0.23 |
| EPS Actual | -0.20 | -0.15 | -0.21 | -0.20 |
| Revenue Estimate | 53.70M | 54.12M | 49.35M | 52.18M |
| Revenue Actual | 53.27M | 54.19M | 49.70M | 52.77M |
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.
