earnings
confidence high
sentiment positive
materiality 0.65
AAOI Q3 revenue $62.5M, GAAP net loss -$0.27/sh, non-GAAP -$0.05/sh
APPLIED OPTOELECTRONICS, INC.
2023-Q3 EPS reported
-$1.39
revenue$157,193,000
- Revenue $62.5M, up 10% YoY from $56.7M and 50% sequentially from $41.6M.
- GAAP gross margin 32.3% (vs 17.2% YoY); non-GAAP 32.5% (vs 18.0%), exceeding expectations.
- Net loss improved: GAAP -$9.0M (-$0.27/sh) vs -$15.6M (-$0.56/sh) YoY; non-GAAP -$1.7M (-$0.05/sh) vs -$7.1M.
- Shipped first 800G datacenter product samples to two customers; 100G/400G demand rising.