Akoustis Technologies AKTS reported its Q2 earnings results on Monday, January 31, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Akoustis Technologies missed estimated earnings by 15.0%, reporting an EPS of $-0.23 versus an estimate of $-0.20, which surprised analysts.
Revenue was up $2.36 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 0.53% increase in the share price the next day.
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