Applied Optoelectronics, Inc. · NASDAQ:AAOI

Applied Optoelectronics — Q4 2024 Earnings Presentation

6 slides from Applied Optoelectronics's earnings presentation

  1. Slide 1: Non-GAAP Financial Measures

    Non-GAAP Financial Measures We provide non-GAAP gross margin, non-GAAP net income (loss), and non-GAAP loss per share to eliminate the impact of items that we do not consider indicative of our overall operating performance. To arrive at our non-GAAP gross margin, we exclude stock-based compensation

  2. Slide 2: Consolidated Balance Sheet

    Applied Optoelectronics, Inc. Consolidated Balance Sheet (In thousands) Preliminary Unaudited 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 ASSETS CURRENT ASSETS Cash and Cash Equivalents 24,685 16,103 21,578 21,940 45,366 8,433 10,653 34,124 67,428 Res

  3. Slide 3: Consolidated Statement of Operations

    Applied Optoelectronics, Inc. Consolidated Statement of Operations (In thousands, except percentages and per share data) Revenue 4Q22 CY2022 1Q23 2Q23 3Q23 4Q23 CY2023 1Q24 2Q24 3Q24 4Q24 CY2024 CATV 38,216 118,169 27,779 9,343 10,268 12,551 59,941 8,736 5,818 20,947 52,212 87,713 Datacenter 16,485

  4. Slide 4: Consolidated Statement of Operations NON GAAP

    Applied Optoelectronics, Inc. Consolidated Statement of Operations NON GAAP (In thousands, except percentages and per share data) Preliminary Unaudited Revenue 4Q22 CY2022 1Q23 2Q23 3Q23 4Q23 CY2023 1Q24 2Q24 3Q24 4Q24 CY2024 CATV 38,216 118,169 27,779 9,343 10,268 12,551 59,941 8,736 5,818 20,947 5

  5. Slide 5: GAAP to Non-GAAP Reconciliation

    Applied Optoelectronics, Inc. GAAP to Non-GAAP Reconciliation (In thousands) Preliminary Unaudited 4Q22 CY2022 1Q23 2Q23 3Q23 4Q23 CY2023 1Q 2024 2Q 2024 3Q 2024 4Q2024 CY2024 GAAP revenue 61,584 222,818 53,030 41,615 62,547 60,453 217,646 40,673 43,270 65,151 100,271 249,365 Non-recurring customer

  6. Slide 6: GAAP net income (loss) to Non-GAAP net income (loss) reconciliation

    GAAP net income (loss) (20,251) (66,397) (16,292) (16,944) (8,953) (13,858) (56,048) (23,170) (26,115) (17,757) (119,692) (186,734) Share-based compensation expense 2,357 9,601 2,290 3,062 3,236 3,297 11,885 2,840 6,058 2,944 2,949 14,791 Expenses associated with discontinued products 6,802 6,859 2,

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