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Applied Optoelectronics (AAOI) Reports Q3 Loss, Misses Revenue Estimates

Applied Optoelectronics (AAOI) came out with a quarterly loss of 0.09pershareversustheZacksConsensusEstimateofalossof0.09 per share versus the Zacks Consensus Estimate of a loss of 0.1. This compares to a loss of 0.21pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+10.000.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.00%. A quarter ago, it was expected that this maker of fiber optic products used by cable TV providers would post a loss of 0.08 per share when it actually produced a loss of $0.16, delivering a surprise of - ...