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EMCORE (NASDAQ:EMKR) reported its Q1 earnings results on Thursday, February 8, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
EMCORE missed estimated earnings by 50.0%, reporting an EPS of $-0.03 versus an estimate of $-0.02.
Revenue was down $830 thousand from the same period last year.
Last quarter the company beat on EPS by $0.05 which was followed by a 20.17% drop in the share price the next day.
Here's a look at EMCORE's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.13 | -0.17 | -0.21 |
| EPS Actual | -0.03 | -0.13 | -0.18 | -0.22 |
| Revenue Estimate | 26.27M | 26.02M | 27.58M | 26.00M |
| Revenue Actual | 26.77M | 26.70M | 26.82M | 24.95M |
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: EMKR
