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Emcore Corporation  (EMKR)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


 

Emcore Corporation

EMKR's Financial Statements and Analysis



Emcore Corporation narrowed second quarter of 2024 net loss per share of $-0.95 compare to net loss per share of $-2.70 recorded in the same quarter a year ago a decrease compare to $-0.60 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.95 $  19 Mill
$+1.75     $-7M     -27.94 %



Emcore's Revenue fell by -27.94 % in second quarter of 2024 (Mar 31 2024) year on year, to $19 million and declined by -20.1 % sequentially.


Emcore is

More on EMKR's Income Statement



Emcore in the second quarter of 2024 recorded net loss of $-8.495 million, compare to net income of $0.000 million achieved in II. Quarter a year ago.

Sequentially net loss advanced

More on EMKR's Growth

Emcore Inventories
Inventories declined by -19.86 % to $32.12 million from II. Quarter a year ago, sequentially inventories rose by 0.53 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $-9 million, capital expenditures grew by -0.713-89.06%, to $0 millions compare to same quarter a year ago

More on EMKR's Cash flow Statement


Emcore Corporation does not pay out common stock dividend.

In trailing twelve-month period Emcore Corporation payed $ -2.64 cash per share, on a free-cash flow basis .

Book value fell by -11.00 % sequentially to $7.55 per share, -9.69% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 6.28 per share from $ 7.16.

Company issued 0.03 million shares or 0.28 % in Mar 31 2024.


More on EMKR's Dividends

 Market Capitalization (Millions) 8
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 5
 Revenue (TTM) (Millions $) 90
 Net Income (TTM) (Millions $) -78
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 364




Emcore Corporation does not pay out common stock dividend.

In trailing twelve-month period Emcore Corporation had negative $ -2.64 cash flow per share, on a free-cash flow basis .

Book value fell by -11.00 % sequentially to $7.55 per share, -9.69% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 6.28 per share from $ 7.16.

Company issued 0.03 million shares or 0.28 % in Mar 31 2024.


More on EMKR's Balance Sheets

 Market Capitalization (Millions) 8
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 5
 Revenue (TTM) (Millions $) 90
 Net Income (TTM) (Millions $) -78
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 364
   


  News about Emcore Corporation Earnings

Emcore Corporation Shocks Investors with Bold Financial Moves

This recent news from Emcore Corporation has sparked interest and concern among investors and industry analysts alike. The sale of their chips business and wafer fabrication operations for $2.92 million is a significant move that will undoubtedly impact the company's future financial results. The transfer of certain assumed liabilities adds another layer of complexity to this deal.
The effect of this strategic decision on Emcore Corporation's stock price has been quite dramatic. During the second quarter of 2024, the share price experienced a surge of 644.99%, leading to a positive outlook for the company in the eyes of many investors. However, it is important to note that this surge comes on the heels o...

Breaking News: Emcore Corporation Surges Forward with Restrained Top-line Advance in Q1 2024!2.

Emcore Corporation experienced positive financial developments in the fiscal span ending December 31, 2023, showing a significant decrease in loss per share compared to the previous year. The company reported a loss per share of $-0.06, a substantial improvement from $-0.31 in the same reporting period a year prior. Earnings per share also saw an improvement, increasing from $-0.63 per share in the preceding reporting period.
Revenue for Emcore Corporation grew slightly by 0.121% to $24.09 million from $24.06 million in the same reporting period a year prior. Sequentially, revenue showed strong growth, increasing by 19.704% from $20.12 million. The company reported a net shortfall of $-5.679 million, a s...

Emcore Corporation Faces Unprecedented Losses and Steep Revenue Decline During Challenging Fiscal Period



Emcore Corporation, a key player in the semiconductor industry, recently published its financial results for the fiscal period closing on September 30, 2023. Unfortunately, the report painted a bleak picture, with the company experiencing a rise in losses and a significant drop in revenue. As an analyst for the , I will offer an interpretation of these results and shed light on the challenges faced by Emcore Corporation.
Summary of Fiscal Results:
The fiscal period ending September 30, 2023, was a challenging one for Emcore Corporation. The company's net loss per share increased to $-0.63 from $-0.45, signifying a 40% worsened loss. Furthermore, revenue plummeted by -24.256%, falling to $20...

Emcore Corporation Steadfast Amidst Semiconductors Downturn, Achieves Impressive Double-Digit Growth in Q3 2023 Earnings


As the third quarter of 2023 earnings season concludes...


Date modified: 2024-05-14T19:21:49+00:00





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