EMCORE (NASDAQ:EMKR) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, August 8th. Analysts expect EMCORE to post earnings of ($0.17) per share for the quarter. EMCORE has set its Q3 2019 guidance at EPS.
EMCORE (NASDAQ:EMKR) last posted its quarterly earnings data on Wednesday, May 8th. The semiconductor company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.02. EMCORE had a negative net margin of 27.99% and a negative return on equity of 16.56%. The firm had revenue of $21.75 million for the quarter, compared to analysts’ expectations of $22.56 million. On average, analysts expect EMCORE to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of EMCORE stock traded up $0.04 on Tuesday, hitting $2.92. 53,594 shares of the company traded hands, compared to its average volume of 186,294. The stock’s 50-day moving average is $3.15. EMCORE has a 12-month low of $2.68 and a 12-month high of $5.54. The company has a market cap of $80.24 million, a P/E ratio of -5.51 and a beta of 0.19.
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in California. It offers broadband products comprising cable television; laser, receiver, and photodetector component products; radio frequency over glass FTTP products; satellite/microwave communications products; and wireless communications products.
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