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Applied Optoelectronics Q1 Adj. EPS $(0.440) Misses $(0.380) Estimate, Sales $40.467M Miss $44.830M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.440) per share which missed the analyst consensus estimate of $(0.380) by 15.79 percent. This is a 62.96 percent decrease over losses of $(0.270) per

Benzinga · 05/07/2020 21:14

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.440) per share which missed the analyst consensus estimate of $(0.380) by 15.79 percent. This is a 62.96 percent decrease over losses of $(0.270) per share from the same period last year. The company reported quarterly sales of $40.467 million which missed the analyst consensus estimate of $44.830 million by 9.73 percent. This is a 23.24 percent decrease over sales of $52.719 million the same period last year.