Applied Optoelectronics Q3 Adj. EPS $(0.15) Beats $(0.24) Estimate, Sales $46.1M Miss $47.75M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.24) by 37.5 percent. This is a 207.14 percent decrease over earnings of $0.14 per

Benzinga · 11/06/2019 21:13

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.24) by 37.5 percent. This is a 207.14 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $46.1 million which missed the analyst consensus estimate of $47.75 million by 3.46 percent. This is a 18.24 percent decrease over sales of $56.386 million the same period last year.