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Emcore: Fiscal 1Q Earnings Snapshot

February 6, 2019

ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Wednesday reported a loss of $5.5 million in its fiscal first quarter.

On a per-share basis, the Alhambra, California-based company said it had a loss of 20 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 9 cents per share.

The maker of components for communications gear and solar panels posted revenue of $24 million in the period.

For the current quarter ending in April, Emcore said it expects revenue in the range of $21 million to $23 million.

In the final minutes of trading on Wednesday, the company’s shares hit $4.59. A year ago, they were trading at $5.60.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMKR at https://www.zacks.com/ap/EMKR

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