Applied Optoelectronics (AAOI) Reports Q3 Loss, Tops Revenue Estimates

Applied Optoelectronics (AAOI) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of$ 0.17. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -23.53%. A quarter ago, it was expected that this maker of fiber optic products used by cable TV providers would post a loss of$ 0.29 per share when it actually produced a loss of $0.28, delivering a surprise of 3. ...