Akoustis Reports Second Quarter FY24 Results
Akoustis Technologies, Inc. (AKTS)
NASDAQ:AMEX Investor Relations:
ir.akoustis.com
Company Research
Source: GlobeNewswire
Q2 Revenue Up 20% Year-Over-Year, In-Line with Prior Guidance Guiding Record Quarterly Revenue for the March Quarter—Up 18 to 25% SequentiallyGrowth, Cost Savings Initiatives, CHIPS Act ITC Refund Support Operating Cash Flow Breakeven in December QuarterRobust Customer Activity in Wi-Fi AP, 5G Infrastructure, Defense, Timing Control, Semiconductor Back-End Services Company to Host Investor Update Call Today at 8:00 am ET Charlotte, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, today announced second fiscal quarter results for the period ended December 31, 2023. Revenue was up 20% year-over-year to $7.0 million, in line with the Company’s guidance. Based on hundreds of active customers, robust activity in the sales and design win pipelines, and the semiconductor services
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News
- Akoustis Receives Two Design Wins with Tier-1 Network Infrastructure CustomerGlobeNewswire
- Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEMGlobeNewswire
- Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point ApplicationsGlobeNewswire
- Akoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024GlobeNewswire
- RF Acoustic Wave Filters Patent Landscape 2024: Global Patenting Trends and Coverage of 11,300, Patent Families [Yahoo! Finance]Yahoo! Finance
AKTS
Earnings
- 2/13/24 - Miss
AKTS
Sec Filings
- 2/13/24 - Form SC
- 2/13/24 - Form 10-Q
- 2/13/24 - Form 8-K
- AKTS's page on the SEC website