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Applied Optoelectronics Full Year 2023 Earnings: Misses Expectations

NasdaqGM:AAOI
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Applied Optoelectronics (NASDAQ:AAOI) Full Year 2023 Results

Key Financial Results

  • Revenue: US$217.6m (down 2.3% from FY 2022).
  • Net loss: US$56.0m (loss narrowed by 16% from FY 2022).
  • US$1.76 loss per share (improved from US$2.38 loss in FY 2022).
earnings-and-revenue-growth
NasdaqGM:AAOI Earnings and Revenue Growth February 25th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Applied Optoelectronics Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are down 34% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Applied Optoelectronics (at least 1 which is a bit concerning), and understanding these should be part of your investment process.

가치 평가는 복잡하지만, 저희는 이를 단순화하고자 합니다.

공정가치 추정치, 잠재적 위험, 배당금, 내부자 거래 및 재무 상태를 포함한 자세한 분석을 통해 Applied Optoelectronics 의 저평가 또는 고평가 여부를 알아보세요.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

This article has been translated from its original English version, which you can find here.

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