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Emcore: Fiscal Q2 Earnings Snapshot

Emcore: Fiscal Q2 Earnings Snapshot

By AP News
Published - May 04, 2023, 04:33 PM ET
Last Updated - Jun 21, 2023, 10:39 PM EDT

ALHAMBRA, Calif. (AP) — ALHAMBRA, Calif. (AP) — Emcore Corp. (EMKR) on Thursday reported a loss of $12.2 million in its fiscal second quarter.

The Alhambra, California-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 18 cents per share.

The maker of components for communications gear and solar panels posted revenue of $26.8 million in the period.

For the current quarter ending in June, Emcore said it expects revenue in the range of $25 million to $27 million.

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