NASDAQ$AAOI

Applied Optoelectronics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Applied Optoelectronics reported first quarter 2022 results, with revenue, non-GAAP EPS, and gross margin in line with guidance.

Applied Optoelectronics announced its Q1 2022 financial results, reporting that market conditions met expectations. The CATV segment continued to deliver robust growth, and the company was selected as a vendor of 400G datacenter transceiver products by a major hyperscale datacenter customer.

  • Revenue, non-GAAP EPS, and gross margin were in line with guidance.
  • CATV segment continued to deliver robust growth.
  • Selected as a supplier of 400G products by a major hyperscale datacenter customer.
  • Excited about customer success with 400G product line.

Headline financials

Total Revenue

$52.2M

Previous: $49.7M+5.1%
EPS (adj)

-$0.29

Previous: -$0.21-38.1%
Capital Expenditures

-$1.02M

Previous: -$2.21M+53.8%
Free Cash Flow

-$17.1M

Previous: -$17.8M+4.2%
Net Income

-$16.1M

Previous: -$15.6M-2.8%
Operating Income

-$14.2M

Previous: -$14M-1.4%
Gross Profit

$9.03M

Previous: $10.7M-15.8%
Cash & Equivalents

$32M

Previous: $45.5M-29.7%
Total Assets

$447M

Previous: $476M-6.2%
Stock-Based Comp

$2.47M

Previous: $2.52M-1.9%

Revenue & EPS history

Applied Optoelectronics · Revenue · Quarterly

$52.2M

Q1 2022+5.1%vs Q1 2021
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

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

  • CATV
    $24.5M

Forward guidance

For the second quarter of 2022, the company provided forward-looking statements regarding their expectations.

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 2022

Historical avgQ1 2022

+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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