NASDAQ$AAOI
Applied Optoelectronics Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Applied Optoelectronics reported Q4 2023 results, achieving a small non-GAAP net income for the first time in many years due to improved gross margin and expense management.
Applied Optoelectronics announced its Q4 2023 financial results, noting that while revenue fell short of expectations, gross margin exceeded projections, resulting in non-GAAP EPS at the high end of the guidance range.
- Gross margin improved, contributing to a small non-GAAP net income.
- Q4 revenue came in below expectations.
- Gross margin outperformed projections.
- Non-GAAP EPS was at the high end of the guidance range.
Headline financials
Revenue & EPS history
Applied Optoelectronics · Revenue · Quarterly
$60.5M
Revenue by segment
Applied Optoelectronics · $24.5M total across 1 segment · Q1 2021
- CATV$24.5M—100.0%
Forward guidance
For the first quarter of 2024, the company expects to see some revenue decline due to the Lunar New Year combined with some price reductions, with substantial improvement expected in Q2.
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 2023
+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
| Quarter | Report date | Reaction (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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