Applied Optoelectronics, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 59.85 million compared to USD 61.07 million a year ago. Revenue was USD 60.45 million compared to USD 61.58 million a year ago.

Net loss was USD 13.86 million compared to USD 20.25 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 0.71 a year ago. Diluted loss per share from continuing operations was USD 0.38 compared to USD 0.71 a year ago.