Benzinga | Aug 5, 2021 04:48PM EDT

Applied Optoelectronics Q2 EPS $(0.31) Misses $(0.18) Estimate, Sales $54.20M Beat $54.12M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.18) by 72.22 percent. This is a 29.17 percent decrease over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $54.20 million which beat the analyst consensus estimate of $54.12 million by 0.15 percent. This is a 16.90 percent decrease over sales of $65.22 million the same period last year.