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EMCORE CORP [EMKR]  posts $24.33M loss as revenue falls 21.66% to $124.13M

EMCORE CORP [EMKR] posts $24.33M loss as revenue falls 21.66% to $124.13M

By USInMinutes
Published - Dec 28, 2022, 04:13 PM ET
Last Updated - Feb 07, 2023, 01:26 PM EST
 Net Sales: $124.13M  
EMCORE CORP Logo


EMCORE CORP [EMKR] posted a loss of $24.33M, marking a fall of 194.89% for this year.

Revenue fell to $124.13M this year compared to $158.44M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $-24.33M, down 194.89% from $25.64M.

The company’s net sales for the period were $124.13M, down 21.66%. Net sales in the previous year were $158.44M.

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