EMCORE Corporation (EMKR) CEO Jeff Rittichier on Q1 2022 Results - Earning Calls Transcript
EMCORE press release (EMKR): FQ1 Non-GAAP EPS of $0.14 misses by $0.03.Revenue of $42.24M (+26.4% Y/Y) beats by $0.08M.“We delivered another quarter of strong financial…

EMCORE Reports Fiscal 2022 First Quarter Results

09:01pm, Wednesday, 09'th Feb 2022 GlobeNewswire Inc.
ALHAMBRA, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sens

EMCORE Reports Fiscal 2022 First Quarter Results

09:01pm, Wednesday, 09'th Feb 2022 Benzinga
ALHAMBRA, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR ), a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, today announced results for the fiscal 2022 first quarter ended December 31, 2021 (1Q22). Management will host a conference call to discuss financial and business results today at 5:00 p.m. Eastern Time (ET). For 1Q22, consolidated revenue was $42.2 million, comprised of $9.9 million from the Aerospace and Defense (A&D) segment and $32.3 million from the Broadband segment. Net income was $2.4 million and $5.3 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was $6.3 million. Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations and other information related to non-GAAP financial measures. Consolidated Results Three Months Ended Dec 31, 2021 Sep 30, 2021 +increase/ 1Q22 4Q21 -decrease Revenue $42.2M $44.0M -$1.8M Gross margin 37% 39% -2% Operating expenses (1) $13.3M $11.6M +$1.7M Operating margin (1) 6% 13% -7% Net income (1) $2.4M $5.1M -$2.7M Earnings per share diluted (1) $0.06 $0.13 -$0.07 Non-GAAP gross margin (2) 38% 39% -1% Non-GAAP operating expenses (2) $10.6M $10.5M +0.1M Non-GAAP operating margin (2) 13% 16% -3% Non-GAAP net income (2) $5.3M $6.8M -$1.5M Non-GAAP earnings per share diluted (2) $0.14 $0.17 -$0.03 Adjusted EBITDA $6.3M $7.8M -$1.5M Ending cash and cash equivalents $76.0M $71.7M +$4.3M (1) 1Q22 includes a $1.3 million charge for severance costs associated with the planned shutdown of manufacturing operations in Beijing, China. (2) Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations and other information related to non-GAAP financial measures. "We delivered another quarter of strong financial performance, including a non-GAAP operating margin of 13% and an increase in cash of $4.3 million.

Emcore (EMKR) Q1 Earnings Lag Estimates

07:09pm, Wednesday, 09'th Feb 2022
Emcore (EMKR) delivered earnings and revenue surprises of -17.65% and 0.56%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Axcelis Technologies (ACLS) Q4 Earnings and Revenues Beat Estimates

10:35pm, Monday, 07'th Feb 2022 Zacks Investment Research
Axcelis (ACLS) delivered earnings and revenue surprises of 25% and 8.17%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Stocks Analysis by Zacks Investment Research covering: EMCORE Corporation, Skyworks Solutions Inc. Read Zacks Investment Research''s latest article on Investing.com

Skyworks Solutions (SWKS) Beats Q1 Earnings and Revenue Estimates

10:25pm, Thursday, 03'rd Feb 2022 Zacks Investment Research
Skyworks (SWKS) delivered earnings and revenue surprises of 0.96% and 0.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
ALHAMBRA, CA, Feb. 02, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensin
ALHAMBRA, CA, Feb. 02, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing
ALHAMBRA, CA., Jan. 28, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensi
ALHAMBRA, CA., Jan. 28, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing

New Strong Sell Stocks for January 27th

01:15pm, Thursday, 27'th Jan 2022 Zacks Investment Research
ARAY, XAIR, and EMKR have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2022

New Strong Sell Stocks for January 27th

10:00am, Thursday, 27'th Jan 2022
ARAY, XAIR, and EMKR have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2022

Emcore (EMKR) Earnings Expected to Grow: Should You Buy?

08:01pm, Wednesday, 26'th Jan 2022 Zacks Investment Research
Emcore (EMKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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