Recap: EMCORE Q4 Earnings

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EMCORE EMKR reported its Q4 earnings results on Tuesday, December 12, 2023 at 04:01 PM.

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

Earnings

EMCORE beat estimated earnings by 62.5%, reporting an EPS of $-0.03 versus an estimate of $-0.08.

Revenue was up $1.20 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 21.67% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.13 -0.17 -0.21 -0.17
EPS Actual -0.13 -0.18 -0.22 -0.29
Revenue Estimate 26.02M 27.58M 26.00M 25.19M
Revenue Actual 26.70M 26.82M 24.95M 25.57M

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.

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