2023-05-04 16:12:27 ET
- Applied Optoelectronics press release ( NASDAQ: AAOI ): Q1 Non-GAAP EPS of -$0.25 misses by $0.07 .
- Revenue of $53.03M (+1.5% Y/Y) misses by $0.74M .
- Non-GAAP gross margin was 23.2%, compared with 17.5% in the first quarter of 2022 and 21.4% in the fourth quarter of 2022.
- Q2 Outlook: Revenue in the range of $40.5 million to $47.5 million.
- Non-GAAP gross margin in the range of 20.5% to 23.5%.
- Non-GAAP net loss in the range of $6.8 million to $9.0 million, and non-GAAP loss per share in the range of $0.23 to $0.31 using approximately 29.2 million shares.
- Shares -4.81% .
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Applied Optoelectronics Non-GAAP EPS of -$0.25 misses by $0.07, revenue of $53.03M misses by $0.74M