Applied Optoelectronics (NASDAQ:AAOI) Full Year 2024 Results

Key Financial Results

• Revenue: US$249.4m (up 15% from FY 2023).
• Net loss: US$186.7m (loss widened by 233% from FY 2023).
• US$4.50 loss per share (further deteriorated from US$1.76 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Applied Optoelectronics EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 172%.

In the last 12 months, the only revenue segment was Optical Networking Equipments contributing US$249.4m. Notably, cost of sales worth US$187.5m amounted to 75% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$115.9m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how AAOI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are down 19% from a week ago.

Risk Analysis

Be aware that Applied Optoelectronics is showing 3 warning signs in our investment analysis that you should know about...

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