Applied Optoelectronics, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 41.62 million compared to USD 52.3 million a year ago. Net loss was USD 16.94 million compared to USD 14.46 million a year ago. Basic loss per share from continuing operations was USD 0.57 compared to USD 0.52 a year ago. Diluted loss per share from continuing operations was USD 0.57 compared to USD 0.52 a year ago.
For the six months, sales was USD 94.65 million compared to USD 104.54 million a year ago. Net loss was USD 33.24 million compared to USD 30.52 million a year ago. Basic loss per share from continuing operations was USD 1.14 compared to USD 1.11 a year ago. Diluted loss per share from continuing operations was USD 1.14 compared to USD 1.11 a year ago.