---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003159"
form_type: "8-K"
ticker: "AAOI"
cik: "0001158114"
company_name: "APPLIED OPTOELECTRONICS, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:55:12.892221+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Applied Optoelectronics Q1 2024 revenue $40.7M, GAAP EPS -$0.60, non-GAAP EPS -$0.31

## Summary
- Revenue $40.7M, down 23% from $53.0M in Q1 2023 and down 33% from Q4 2023.
- GAAP gross margin 18.7% (Q1 2023: 17.4%); non-GAAP gross margin 18.9% (Q1 2023: 23.2%).
- GAAP net loss $23.2M ($0.60/sh) vs $16.3M ($0.56) YoY; non-GAAP net loss $12.0M ($0.31) vs $7.1M ($0.25).
- CEO attributes miss to product mix, expects recovery in Q2 and markedly improved H2 2024.

## SEC filing metadata
- accession: 0001683168-24-003159
- form_type: 8-K
- ticker: AAOI
- cik: 0001158114
- company_name: APPLIED OPTOELECTRONICS, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158114/000168316824003159/0001683168-24-003159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158114/000168316824003159/appliedopto_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003159
- JSON: https://secwatch.observer/filing/0001683168-24-003159.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003159.txt

## Key facts
- Earnings Releases
  APPLIED OPTOELECTRONICS, INC. reported first quarter ended March 31, 2024 results: revenue $40.7 million, net income $23.2 million, EPS $0.60 per basic share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $40.7 million
  - Net income: $23.2 million
  - EPS: $0.60 per basic share
  - Result: reported results
  source text: drivers remain strong across our end markets and we believe we are well positioned to capitalize on these opportunities.” First Quarter 2024 Financial Summary · GAAP revenue was $40.7 million, compared with $53.0 million in the first quarter of 2023 and $60.5 million in the fourth quarter of 2023. · GAAP gross margin was 18.7%, compared with 17.4% in the first quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158114/000168316824003159/0001683168-24-003159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.