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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 65M | 50% |
| Gross Profit | 16M | 66.5% |
| Cost of Revenue | 68M | 20.9% |
| Operating expense | 32M | 9.3% |
| Net Income | -18M | 32% |
| EBITDA | -12M | 41.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 410M | 17.8% |
| Total Liabilities | 198M | 22.5% |
| Total Equity | 212M | 13.7% |
| Shares Outstanding | 45M | 10.4% |
Cash Flow (USD)
| Q3 '24 | QoQ |
|---|
EPS
Financial Highlights for Applied Optoelectronics in Q3 '24
Applied Optoelectronics reported a revenue of 65M, which is a 50% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 16M, marking a 66.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 68M, a 20.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 32M, showing a -9.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -18M, showing a 32% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -12M, showing a 41.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Applied Optoelectronics with growth in revenue, gross profit, and net income.
