AAOI Earnings Prediction
The chart below shows how AAOI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AAOI sees a +4.34% change in stock price 10 days leading up to the earnings, and a +14.63% change 10 days following the report. On the earnings day itself, the stock moves by -0.35%. This data can give you a slight idea of what to expect for the next quarter's release.
AAOI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
65.15M
4.16%
50.57%
Gross Margin
24.43%
-24.25%
10.54%
Operating Margin
-24.32%
193.37%
-58.64%
Net Margin
-27.26%
90.50%
-54.83%
EPS
-0.42
-55.56%
-36.36%
No Data Available
AAOI Earnings Analysis
Applied Optoelectronics, Inc. Corporation (AAOI.O) Earnings Conference Call
Positive
Third Quarter Revenue Increase: Total revenue for the third quarter was $65.2 million, which was up 4% year-over-year and up 51% sequentially, and was at the high end of our guidance range of $60 million to $66 million.
Revenue Breakdown by Product: 63% of revenue was from our data center products, 32% was from CATV products, with the remaining 5% from FTTx, telecom, and others.
Data Center Growth Surge: We recorded strong double-digit sequential growth in our data center business, driven by new wins for our 400G products.
CATV Revenue Surge: Total revenue in our CATV segment was $20.9 million, which was up 104% year-over-year and rose 260% sequentially, largely driven by shipment of our 1.8 GHz amplifiers for our major MSO customers.
Non-GAAP Gross Margin: We generated non-GAAP gross margin of 25%, which was within our guidance range of 24% to 26%.
Negative
Larger-than-Expected Loss Per Share: Non-GAAP loss per share of $0.21 was larger than expected and above our guidance range of a loss of $0.14 to $0.20 per share due primarily to accelerated R&D spending due to greater-than-anticipated new customer requests.
Data Center Revenue Trends: Total revenue for our data center products of $40.9 million was down 16% year-over-year, but up 90% sequentially.
Product Revenue Changes: Revenue for our 100G product decreased 24% year-over-year, while revenue for our 400G products increased 140% in the same period.
Operating Loss Comparison: Non-GAAP operating loss in the third quarter was $11.7 million compared to an operating loss of $1 million in Q3 of the prior year.
Quarterly Net Loss Comparison: GAAP net loss for Q3 was $17.8 million or a loss of $0.42 per basic share compared with GAAP net loss of $9 million, or a loss of $0.27 per basic share in Q3 of 2023.
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AAOI Earning Call Sentiment
Applied Optoelectronics, Inc. (AAOI) Q3 2024 Earnings Call Transcript
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00:00
00:00
AAOI.O
10.46%Positive
The earnings call reveals mixed signals: improved liquidity and strong CATV growth are positive, but increased debt, operating expenses, and larger-than-expected losses are concerning. While strong demand for 400G and 800G products is promising, guidance shows continued losses. The Q&A highlights sustainable demand for 400G, but uncertainties around US manufacturing and Microsoft revenue persist. Overall, the positives and negatives balance out, suggesting a neutral stock price movement in the short term.