Loading...
•
Jun 30, 2022
Applied Optoelectronics Q2 2022 Earnings Report
Announced second quarter 2022 results, which were affected by a supply chain issue that resulted in a delay in the completion of several orders from a large CATV customer, but the orders have since been fulfilled and shipped.
Key Takeaways
Applied Optoelectronics reported second quarter revenue that was adversely affected by a supply chain issue. The company has fulfilled and shipped substantially all of these orders and has recognized the resulting revenue in Q3. Despite the supply chain challenges, the company is encouraged by the continued robust demand in the CATV market and improved conditions in the telecom market.
Second quarter revenue was adversely affected by a supply chain issue.
The company has fulfilled and shipped substantially all of these orders and, although delayed, the resulting revenue has been recognized in Q3.
The company is encouraged by the continued robust demand in the CATV market and improved conditions in the telecom market.
The company continues to see good customer traction with our 400G products and we have received nearly $5 million in orders already.
Forward Guidance
For the third quarter of 2022, the company currently expects:
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...