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Stock impact report

EMCORE Corporation Announces Preliminary Financial Results for the Fourth Fiscal Quarter Ended September 30, 2018

EMCORE Corporation (EMKR) 
Last emcore corporation earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.emcore.com/investor-relations
Company Research Source: GlobeNewswire
ALHAMBRA, Calif., Oct. 04, 2018 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today's high-speed communications network infrastructures and leading-edge defense systems, today announced preliminary revenue for its fourth fiscal quarter ended September 30, 2018. EMCORE estimates its revenues for the quarter to be approximately $24.2M to $25.2M compared to its previous revenue guidance for the quarter of a range of $21M to $23M.  Certain principal factors that contributed to the higher than expected revenues in the quarter ended September 30, 2018 include: Higher levels of L-EML transmitter sales resulted in higher than expected revenues in the quarter.Completion of a long term agreement with a major defense prime contractor resulted in higher Navigation product shipments in the quarter. Jeffrey Rittichier, EMCORE's President and CEO commented, “We saw a sharper rebound in CATV sale Show less Read more
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