Benzinga | May 6, 2021 05:22PM EDT

Applied Optoelectronics Q1 Adj. EPS $(0.21) Beats $(0.27) Estimate, Sales $49.70M Beat $49.35M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.21) per share which beat the analyst consensus estimate of $(0.27) by 22.22 percent. This is a 52.27 percent increase over losses of $(0.44) per share from the same period last year. The company reported quarterly sales of $49.70 million which beat the analyst consensus estimate of $49.35 million by 0.71 percent. This is a 22.82 percent increase over sales of $40.47 million the same period last year.