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Emcore: Fiscal 3Q Earnings Snapshot

August 8, 2019

ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Thursday reported a loss of $10.5 million in its fiscal third quarter.

On a per-share basis, the Alhambra, California-based company said it had a loss of 37 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.

The maker of components for communications gear and solar panels posted revenue of $17.2 million in the period.

For the current quarter ending in September, Emcore said it expects revenue in the range of $22 million to $24 million.

The company’s shares closed at $2.90. A year ago, they were trading at $4.85.


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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