Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Applied Optoelectronics (AAOI)
NASDAQ:AAOI
RESEARCH TOOLSreports
Holding AAOI?
Track your performance easily
Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.02Last Year’s EPS
$0.04Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 111.28%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook with strong growth in key segments, new customer acquisitions, and optimistic revenue guidance for Q4. However, the company faced challenges with year-over-year revenue decline in the data center business and higher-than-expected losses due to increased R&D spending. Despite these challenges, the company's forward-looking growth projections and strategic engagements indicate a positive trajectory.Company Guidance
In the third quarter earnings call for Applied Optoelectronics (AAOI), the company reported a revenue of $65.2 million, which was at the high end of their guidance range of $60 million to $66 million. The non-GAAP gross margin was 25%, aligning with their guidance range of 24% to 26%, while the non-GAAP loss per share was $0.21, slightly higher than their anticipated range due to increased R&D spending. The data center segment generated $40.9 million in revenue, marking a 19% sequential increase, although it was down 16% year-over-year. The 400G product line exhibited significant growth, with a 140% increase year-over-year. The CATV segment also showed remarkable performance, with revenue reaching $20.9 million, up 104% year-over-year and 260% sequentially. Looking forward, AAOI anticipates Q4 revenue between $94 million and $104 million, with an expected non-GAAP gross margin range of 27.5% to 29.5%, driven by continued growth in both data center and CATV businesses.Strong Growth in Data Center and CATV Segments
Data center business revenue up 19% sequentially, driven by 400G products with a 140% increase year-over-year. CATV segment revenue up 104% year-over-year and 260% sequentially.
Revenue Achieves High End of Guidance
Q3 revenue reached $65.2 million, at the high end of the guidance range of $60 million to $66 million.
New Customer Engagements
Received initial orders for 400G products from a new large hyperscale customer. Anticipated additional orders in Q4 and into 2025 for both 400G and 800G products.
Positive Outlook for Q4
Q4 revenue is expected to be between $94 million and $104 million, with non-GAAP gross margin in the range of 27.5% to 29.5%.
---
AAOI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
AAOI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $17.90 | $27.76 | +55.08% |
| Aug 06, 2024 | $7.29 | $6.87 | -5.76% |
| May 09, 2024 | $10.54 | $10.22 | -3.04% |
| Feb 23, 2024 | $20.35 | $14.15 | -30.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Applied Optoelectronics (AAOI) report earnings?
Applied Optoelectronics (AAOI) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Applied Optoelectronics (AAOI) earnings time?
Applied Optoelectronics (AAOI) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAOI EPS forecast?
AAOI EPS forecast for the fiscal quarter 2024 (Q4) is -$0.02.
---