Applied Optoelectronics (AAOI) Tops Q2 EPS by 7c; Guides Q3 Above Street

Applied Optoelectronics (NASDAQ: AAOI) reported Q2 EPS of ($0.21), $0.07 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $41.6 million versus the consensus estimate of $45.43 million.

GUIDANCE:

Applied Optoelectronics sees Q3 2023 EPS of ($0.06)-$0.01, versus the consensus of $0.24. Applied Optoelectronics sees Q3 2023 revenue of $60-66 million, versus the consensus of $48.42 million.

For earnings history and earnings-related data on Applied Optoelectronics (AAOI) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Lennar Corp. (LEN) Misses Q2 EPS by 1c
• Oracle (ORCL) Tops Q4 EPS by 16c, Offers Guidance