Benzinga | Nov 5, 2021 02:00PM EDT

Applied Optoelectronics Late Thursday Reported Q3 EPS $(0.20) Beats $(0.28) Estimate, Sales $53.27M Miss $53.70M Estimate

Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.20) per share which beat the analyst consensus estimate of $(0.28) by 28.57 percent. This is a 233.33 percent decrease over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $53.27 million which missed the analyst consensus estimate of $53.70 million by 0.81 percent. This is a 30.47 percent decrease over sales of $76.61 million the same period last year.