NASDAQ$AAOI

Applied Optoelectronics Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full year ended December 31, 2019.

Applied Optoelectronics reported financial results for the fourth quarter and full year ended December 31, 2019, showing sequential revenue growth.

  • Encouraged with financial performance in Q4, which reflects another quarter of sequential revenue growth.
  • Pleased by the customer interest in 400G products.
  • Secured first 400G design win with a Tier 1 network equipment manufacturer.
  • Expect a continued soft cable TV environment, coupled with typical seasonal patterns and the effects of the coronavirus, to impact near-term results, expect this to be partially offset by growth in datacenter and telecom segments driven by datacenter upgrades and 5G related sales.

Headline financials

Total Revenue

$48.7M

Previous: $58.9M-17.4%
EPS (adj)

-$0.18

Previous: -$0.02-800.0%
Capital Expenditures

$2.81M

Previous: $19.6M-85.7%
Free Cash Flow

-$5.97M

Previous: -$31.2M+80.8%
Net Income

-$35.4M

Previous: -$8.57M-313.5%
Operating Income

-$12.1M

Previous: -$12.3M+1.8%
Gross Profit

$11.3M

Previous: $10.5M+7.6%
Cash & Equivalents

$60M

Previous: $55.6M+7.8%
Total Assets

$467M

Previous: $467M-0.0%
Stock-Based Comp

$2.87M

Previous: $2.76M+3.9%

Revenue & EPS history

Applied Optoelectronics · Revenue · Quarterly

$48.7M

Q4 2019-17.4%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

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

  • CATV
    $24.5M

Forward guidance

For the first quarter of 2020, 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 Q4 2019

Historical avgQ4 2019

+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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