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EMCORE CORP [EMKR] posts $11.69M loss as revenue falls 40.92% to $24.95M

By USInMinutes - Feb 10, 2023, 12:42 AM ET
Last Updated - Feb 20, 2023, 02:25 AM EST
EMCORE CORP [EMKR]  posts $11.69M loss as revenue falls 40.92% to $24.95M
 Net Sales: $24.95M  
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EMCORE CORP [EMKR] posted a loss of $11.69M, marking a fall of 584.38% for this quarter.

Revenue fell to $24.95M this quarter compared to $42.24M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-11.69M, down 584.38% from $2.41M.

The company’s net sales for the period were $24.95M, down 40.92%. Net sales in the previous quarter were $42.24M.

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