Applied Optoelectronics (AAOI) Reports Q2 Loss, Lags Revenue Estimates

Applied Optoelectronics (AAOI) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of$ 0.29. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this maker of fiber optic products used by cable TV providers would post a loss of$ 0.29 per share when it actually produced a loss of $0.31, delivering a surprise of -6.9 ...