EMCORE (NASDAQ:EMKR – Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.30) per share for the quarter. EMCORE has set its Q2 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
EMCORE (NASDAQ:EMKR – Get Free Report) last released its earnings results on Thursday, February 8th. The semiconductor company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.50) by $0.10. The company had revenue of $24.12 million for the quarter, compared to the consensus estimate of $27.00 million. EMCORE had a negative net margin of 67.43% and a negative return on equity of 26.76%.
EMCORE Price Performance
NASDAQ:EMKR traded up $0.08 during trading hours on Tuesday, hitting $2.80. 67,528 shares of the company were exchanged, compared to its average volume of 109,476. EMCORE has a 52-week low of $2.44 and a 52-week high of $10.70. The company has a quick ratio of 1.95, a current ratio of 3.11 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average price is $20.99 and its 200-day moving average price is $38.00.
Analyst Ratings Changes
View Our Latest Stock Analysis on EMKR
EMCORE Company Profile
EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems.
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