• Applied Optoelectronics Inc AAOI.OQ reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of four analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -17 cents to -16 cents per share.

• Revenue rose 4.2% to $65.15 million from a year ago; analysts expected $62.60 million.

• Applied Optoelectronics Inc's reported EPS for the quarter was a loss of 42 cents​.

• The company reported a quarterly loss of $17.76 million.

• Applied Optoelectronics Inc shares had risen by 25.1% this quarter and lost 7.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Applied Optoelectronics Inc is 24.00

This summary was machine generated from LSEG data November 8 at 09:04 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)