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Akoustis: Fiscal Q1 Earnings Snapshot

Akoustis: Fiscal Q1 Earnings Snapshot

By AP News
Published - Nov 15, 2024, 05:30 AM ET
Last Updated - Dec 16, 2024, 05:23 PM EST

HUNTERSVILLE, N.C. (AP) — HUNTERSVILLE, N.C. (AP) — Akoustis Technologies, Inc. (AKTS) on Thursday reported a loss of $6.4 million in its fiscal first quarter.

The Huntersville, North Carolina-based company said it had a loss of 4 cents per share.

The company posted revenue of $9 million in the period.

The company's shares closed at 5 cents. A year ago, they were trading at 63 cents.

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