NASDAQ$AAOI

Applied Optoelectronics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Announced financial results in line with expectations, with telecom market recovery and CATV business strength.

Applied Optoelectronics reported its Q1 2021 financial results, meeting expectations. The company saw softness in the datacenter business but was encouraged by the telecom market recovery and the continued strength in its CATV business, which delivered a record first quarter.

  • Results were in line with expectations.
  • Datacenter business experienced softness.
  • Telecom market showed signs of recovery.
  • CATV business delivered a record first quarter with a strong product backlog.

Headline financials

Total Revenue

$49.7M

Previous: $40.5M+22.8%
EPS (adj)

-$0.21

Previous: -$0.44+52.3%
Capital Expenditures

-$2.21M

Previous: -$2.79M+20.6%
Free Cash Flow

-$17.8M

Previous: -$19.6M+8.9%
Net Income

-$15.6M

Previous: -$16.8M+7.0%
Operating Income

-$14M

Previous: -$17.8M+21.1%
Gross Profit

$10.7M

Previous: $6.34M+69.1%
Cash & Equivalents

$45.5M

Previous: $55.9M-18.6%
Total Assets

$476M

Previous: $454M+5.0%
Stock-Based Comp

$2.52M

Previous: $3.24M-22.2%

Revenue & EPS history

Applied Optoelectronics · Revenue · Quarterly

$49.7M

Q1 2021+22.8%vs Q1 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Applied Optoelectronics · $24.5M total across 1 segment · Q1 2021

  • CATV
    $24.5M

Forward guidance

For the second quarter of 2021, the company provided forward looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.0%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+9.6%

Avg return

30 days after

43%

24 / 56 earnings

Positive

+71.3%

Q3 2024

Best reaction

-30.9%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.8%+5.3%-0.9%
Q4 2025+56.9%+85.7%+82.9%
Q3 2025-1.9%-17.7%-8.6%
Q1 2025-0.5%+29.5%+14.0%
Q4 2024-4.6%-28.0%-35.0%
Q3 2024+71.3%+76.1%+139.9%
Q2 2024-1.4%+11.0%+75.6%
Q1 2024-5.6%+3.0%-2.6%
Q4 2023-26.3%-19.6%-23.5%
Q3 2023-4.9%+24.7%+100.6%
Q2 2023+49.0%+65.0%+88.6%
Q1 2023-7.0%+0.6%+26.8%
Q4 2022-7.4%-0.4%-14.5%
Q3 2022-19.7%-17.0%-10.4%
Q2 2022-3.1%-4.2%+18.2%
Q1 2022-11.2%-20.0%-21.1%
Q4 2021-10.2%-5.7%-14.8%
Q3 2021-30.0%-31.3%-35.5%
Q2 2021-7.3%-7.7%+0.1%
Q1 2021+7.5%+4.3%+19.7%
Q4 2020-19.7%-25.7%-28.6%
Q3 2020-15.2%-18.4%-6.8%
Q2 2020-1.9%-15.8%-34.7%
Q1 2020-5.5%-13.9%-7.4%
Q4 2019-12.3%-7.7%-26.5%
Q3 2019-5.6%+7.2%-8.5%
Q2 2019+7.7%-3.7%+1.8%
Q1 2019-9.5%-15.9%-21.4%
Q4 2018+5.5%+13.1%-13.0%
Q3 2018+6.9%-3.3%-5.7%
Q2 2018+5.0%+9.0%-17.3%
Q1 2018-4.1%-5.5%+33.7%
Q4 2017-17.5%-16.0%-23.9%
Q3 2017+15.4%+19.8%+2.8%
Q2 2017-30.9%-23.9%-36.9%
Q1 2017+20.4%+33.7%+60.7%
Q4 2016+23.9%+23.7%+48.2%
Q3 2016+7.7%+13.2%+15.8%
Q2 2016+20.5%+13.9%+42.7%
Q1 2016-19.6%
Q4 2015+2.7%
Q3 2015-3.7%
Q2 2015+11.9%
Q1 2015+10.9%
Q4 2014+14.2%
Q3 2014-25.4%
Q2 2014-1.3%
Q1 2013-1.8%
Q1 2014-12.1%
Q2 2013+0.6%
Q1 2012+0.6%
Q4 2013+0.6%
Q2 2012+0.6%
Q3 2013+0.3%
Q3 2012+0.3%
Q4 2012+0.3%

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