Core Viewpoint - Applied Optoelectronics reported a quarterly loss of 0.04 per share a year ago [1] - The company posted revenues of 60.45 million year-over-year [2] Financial Performance - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] - The company has topped consensus revenue estimates two times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -100.05 million, and for the current fiscal year, it is 552.17 million [7] Stock Performance - Applied Optoelectronics shares have declined approximately 36.7% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Outlook - The Electronics - Semiconductors industry is currently ranked in the bottom 46% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]
Applied Optoelectronics (AAOI) Reports Q4 Loss, Tops Revenue Estimates