NASDAQ$AAOI

Applied Optoelectronics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced second quarter 2022 results, which were affected by a supply chain issue that resulted in a delay in the completion of several orders from a large CATV customer, but the orders have since been fulfilled and shipped.

Applied Optoelectronics reported second quarter revenue that was adversely affected by a supply chain issue. The company has fulfilled and shipped substantially all of these orders and has recognized the resulting revenue in Q3. Despite the supply chain challenges, the company is encouraged by the continued robust demand in the CATV market and improved conditions in the telecom market.

  • Second quarter revenue was adversely affected by a supply chain issue.
  • The company has fulfilled and shipped substantially all of these orders and, although delayed, the resulting revenue has been recognized in Q3.
  • The company is encouraged by the continued robust demand in the CATV market and improved conditions in the telecom market.
  • The company continues to see good customer traction with our 400G products and we have received nearly $5 million in orders already.

Headline financials

Total Revenue

$52.3M

Previous: $54.2M-3.5%
EPS (adj)

-$0.28

Previous: -$0.15-86.7%
Capital Expenditures

-$1.67M

Previous: -$3.58M+53.4%
Free Cash Flow

-$16.1M

Previous: -$11.8M-36.8%
Net Income

-$14.5M

Previous: -$8.2M-76.2%
Operating Income

-$12.9M

Previous: -$13.6M+5.5%
Gross Profit

$8.63M

Previous: $10.8M-19.9%
Cash & Equivalents

$33.7M

Previous: $44M-23.5%
Total Assets

$435M

Previous: $473M-8.1%
Stock-Based Comp

$2.14M

Previous: $3.27M-34.5%

Revenue & EPS history

Applied Optoelectronics · Revenue · Quarterly

$52.3M

Q2 2022-3.5%vs Q2 2021
Beat estimate in 1 of 15 quarters(7%)
ActualEstimate

Revenue by segment

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

  • CATV
    $24.5M

Forward guidance

For the third quarter of 2022, the company currently expects:

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 Q2 2022

Historical avgQ2 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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