Recap: EMCORE Q3 Earnings

Recap: EMCORE Q3 Earnings

 

EMCORE EMKR reported its Q3 earnings results on Tuesday, August 9, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

EMCORE missed estimated earnings by 30.77%, reporting an EPS of $-0.17 versus an estimate of $-0.13.

Revenue was down $18.98 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 14.68% drop in the share price the next day.

Here's a look at EMCORE's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.03 0.17 0.19 0.17
EPS Actual -0.02 0.14 0.17 0.20
Revenue Estimate 32.92M 42.16M 43.17M 41.08M
Revenue Actual 32.65M 42.24M 43.95M 42.66M

To track all earnings releases for EMCORE visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings