NASDAQ$AAOI

Applied Optoelectronics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Applied Optoelectronics reported results for Q4 2020 and full year ended December 31, 2020.

Applied Optoelectronics announced double-digit revenue growth in 2020, driven by growth in all three major business segments. The company secured 30 design wins in 2020 and anticipates revenue contribution from 400G products in the second half of the year. Investments in the CATV segment resulted in the best quarter of CATV revenue in several years.

  • Delivered double-digit revenue growth in 2020.
  • Secured an additional 30 total design wins in 2020.
  • Increased customer interest in 400G product portfolio.
  • Best quarter of CATV revenue in several years.

Headline financials

Total Revenue

$52.8M

Previous: $48.7M+8.5%
EPS (adj)

-$0.20

Previous: -$0.18-11.1%
Capital Expenditures

$3.66M

Previous: $2.81M+30.5%
Free Cash Flow

-$17.8M

Previous: -$5.97M-197.5%
Net Income

-$13.4M

Previous: -$35.4M+62.1%
Operating Income

-$13.2M

Previous: -$12.1M-9.2%
Gross Profit

$11.3M

Previous: $11.3M-0.5%
Cash & Equivalents

$43.4M

Previous: $60M-27.6%
Total Assets

$481M

Previous: $467M+3.0%
Stock-Based Comp

$3.24M

Previous: $2.87M+13.2%

Revenue & EPS history

Applied Optoelectronics · Revenue · Quarterly

$52.8M

Q4 2020+8.5%vs Q4 2019
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 first 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 Q4 2020

Historical avgQ4 2020

+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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