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Emcore: Fiscal Q4 Earnings Snapshot
By AP News - Dec 12, 2023, 04:34 PM ET
Last Updated - Dec 21, 2023, 11:54 AM EST
ALHAMBRA, Calif. (AP) — ALHAMBRA, Calif. (AP) — Emcore Corp. (EMKR) on Tuesday reported a loss of $42.6 million in its fiscal fourth quarter.
On a per-share basis, the Alhambra, California-based company said it had a loss of 62 cents. Losses, adjusted for asset impairment costs and to account for discontinued operations, were 3 cents per share.
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The maker of components for communications gear and solar panels posted revenue of $26.8 million in the period.
For the year, the company reported a loss of $76.4 million, or $1.48 per share. Revenue was reported as $97.7 million.
For the current quarter ending in December, Emcore said it expects revenue in the range of $26 million to $28 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMKR at https://www.zacks.com/ap/EMKR
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