EMCORE Reports Fiscal 2024 Second Quarter Results
EMCORE Corporation (EMKR)
Last emcore corporation earnings: 2/5 04:15 pm
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US:NASDAQ Investor Relations:
investor.emcore.com/investor-relations
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Source: GlobeNewswire
BUDD LAKE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 second quarter (2Q24) ended March 31, 2024. Management will host a conference call to discuss 2Q24 financial and business results on May 8, 2024 at 5:00 p.m. Eastern Time (ET). “Lower-than-expected revenue in the March quarter was primarily due to product shipment delays and declining revenue from our Budd Lake site. The lower top-line negatively impacted 2Q24 profit margins,” said Tom Minichiello, Chief Financial Officer of EMCORE. “With regard to cash and liquidity, we announced last week the $2.92 million sale of our Chips business and Alhambra InP wafer fab assets, a restructuring of our debt resulting from Hale Capital’s acquisition of our credit facility, and formation of a Board of Director Restructuring Committee with authority to direct
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News
- EMCORE Co. (NASDAQ: EMKR) was downgraded by analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating.MarketBeat
- EMCORE Corporation (NASDAQ:EMKR) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- EMCORE Co. (NASDAQ: EMKR) had its "neutral" rating re-affirmed by analysts at Alliance Global Partners.MarketBeat
- Emcore (EMKR) Reports Q2 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- EMCORE Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]Yahoo! Finance
EMKR
Earnings
- 5/8/24 - Beat
EMKR
Sec Filings
- 5/17/24 - Form 3
- 5/16/24 - Form 144
- 5/16/24 - Form 8-K
- EMKR's page on the SEC website