Akoustis Technologies AKTS reported its Q3 earnings results on Monday, May 2, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Akoustis Technologies reported in-line EPS of $-0.22 versus an estimate of $-0.22.
Revenue was up $2.09 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 1.32% increase in the share price the next day.
Here's a look at Akoustis Technologies's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.20 | -0.16 | -0.28 |
| EPS Actual | -0.23 | -0.21 | -0.19 | -0.15 |
| Revenue Estimate | 3.78M | 2.01M | 2.52M | 2.25M |
| Revenue Actual | 3.67M | 1.87M | 2.16M | 2.52M |
To track all earnings releases for Akoustis Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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