EMCORE Corporation (EMKR)
| Market Cap | 21.81M |
| Revenue (ttm) | 96.89M |
| Net Income (ttm) | -69.35M |
| Shares Out | 20.29M |
| EPS (ttm) | -12.30 |
| PE Ratio | n/a |
| Forward PE | 8.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 133,613 |
| Open | 1.110 |
| Previous Close | 1.110 |
| Day's Range | 1.010 - 1.120 |
| 52-Week Range | 1.050 - 9.600 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 15.00 (+1,328.57%) |
| Earnings Date | May 8, 2024 |
About EMKR
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 sys... [Read more]
Financial Performance
In 2023, EMCORE's revenue was $97.72 million, an increase of 115.62% compared to the previous year's $45.32 million. Losses were -$75.36 million, 209.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for EMKR stock is "Buy." The 12-month stock price forecast is $15.0, which is an increase of 1,328.57% from the latest price.
News
EMCORE Reports Fiscal 2024 Second Quarter Results
BUDD LAKE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...
EMCORE Corporation to Host Fiscal 2024 Second Quarter Conference Call on May 8, 2024
BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...
EMCORE Announces Sale of Chips Business and Wafer Fabrication Operations for $2.92M and Certain Assumed Liabilities
BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...
EMCORE Reports Fiscal 2024 First Quarter Results
ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...
EMCORE to Present at the TD Cowen 45th Annual Aerospace & Defense Conference
ALHAMBRA, CA, Feb. 06, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...
EMCORE Corporation to Host Fiscal 2024 First Quarter Conference Call on February 8, 2024
ALHAMBRA, CA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...
EMCORE Corporation Enters Into Cooperation Agreement with Bradley L. Radoff
Appoints Cletus C. Glasener and Jeffrey J.
EMCORE Reports Fiscal 2023 Fourth Quarter Results
ALHAMBRA, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...
EMCORE Corporation to Host Fiscal 2023 Fourth Quarter Conference Call on December 12, 2023
ALHAMBRA, CA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...
EMCORE to Supply Kratos with Quartz MEMS IMUs for Multiple Unmanned Aerial Defense Programs Including the XQ-58 Valkyrie
The value of this multi-year award is expected to be over $4.6 million The value of this multi-year award is expected to be over $4.6 million
EMCORE Completes Sale of Non-Strategic Product Lines to Photonics Foundries, Inc.
ALHAMBRA, CA, Oct. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...
EMCORE Advances Photonic Integrated Chip (PIC) Technology Integrating PIC Into All Open-Loop Fiber Optic Gyro (FOG)-based Products
ALHAMBRA, CA, Oct. 09, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...
EMCORE Corporation Adopts Tax Benefits Preservation Plan to Protect Tax Assets
ALHAMBRA, CA, Sept. 28, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: EMKR) EMCORE Corporation (“EMCORE”) announced today that its Board of Directors has approved the adoption of a tax benefits preservation plan ...
EMCORE Introduces New TAC-440 MEMS Inertial Measurement Unit
ALHAMBRA, CA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ann...
EMCORE and UR Group Join Forces at DSEI 2023 to Showcase Industry-Leading Inertial Navigation Product Portfolio
ALHAMBRA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry,...
EMCORE Announces Closing of $17.25 Million Public Offering
ALHAMBRA, CA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced the closing of its underwritten public offering of 22,600,000 shares of its common stock, which includ...
EMCORE Announces Pricing of $15.8 Million Public Offering
ALHAMBRA, CA, Aug. 17, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced the pricing of an underwritten public offering of 19,652,174 shares of its common stock, and, to certa...
EMCORE Announces Proposed Public Offering
ALHAMBRA, CA, Aug. 16, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced that it intends to offer and sell shares of its common stock and, to certain investors, pre-funded war...
EMCORE Reports Fiscal 2023 Third Quarter Results
ALHAMBRA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ...
EMCORE Announces Anticipated Sale of Non-Strategic Product Lines
ALHAMBRA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ...
EMCORE Corporation to Host Fiscal 2023 Third Quarter Conference Call on August 9, 2023
ALHAMBRA, CA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...
EMCORE Increases Revenue Projection for Last-Time Buys of Broadband Products to $20 Million
ALHAMBRA, CA, May 24, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, annou...
EMCORE Reports Fiscal 2023 Second Quarter Results
ALHAMBRA, CA, May 04, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today...
EMCORE Corporation to Host Fiscal 2023 Second Quarter Conference Call on May 4, 2023
ALHAMBRA, CA, April 27, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, wil...
Emcore to lay off more than 20% of its workforce, shutdown its broadband business
Shares of Emcore Corp. EMKR, +1.00% rose 2.0% in premarket trading Friday, after the provider of inertial navigation products for the aerospace and defense industries said it cut about 100 jobs as par...