Applied Optoelectronics (AAOI) reported late Wednesday a Q4 non-GAAP net loss of $0.02 per diluted share, compared with earnings of $0.04 a year earlier.

Analysts polled by FactSet expected a loss of $0.02.

Revenue for the quarter that ended Dec. 31 was $100.3 million, up from $60.5 million a year earlier.

Analysts surveyed by FactSet expected $100 million.

The company expects the non-GAAP range in Q1 to be a loss of $0.07 to break even. Analysts surveyed by FactSet expect a loss of $0.04.

The company expects Q1 revenue of $94 million to $104 million. Analysts polled by FactSet expect $98.4 million.

Applied Optoelectronics shares were down 8.7% in recent premarket activity Thursday.