POET Technologies Inc. (POET)
| Market Cap | 83.44M |
| Revenue (ttm) | 465,777 |
| Net Income (ttm) | -20.27M |
| Shares Out | 40.70M |
| EPS (ttm) | -0.51 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,344,627 |
| Open | 2.250 |
| Previous Close | 2.370 |
| Day's Range | 1.990 - 2.324 |
| 52-Week Range | 0.720 - 5.880 |
| Beta | 0.55 |
| Analysts | Strong Buy |
| Price Target | 7.50 (+265.85%) |
| Earnings Date | May 17, 2024 |
About POET
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet o... [Read more]
Financial Performance
In 2023, POET's revenue was $465,777, a decrease of -15.73% compared to the previous year's $552,748. Losses were -$20.27 million, -3.66% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for POET stock is "Strong Buy" and the 12-month stock price forecast is $7.5.
News
POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; ...
POET Announces Additional Private Placement Financing for CAD$10 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK...
POET Augments Investor Outreach Efforts and Announces Management Role Change
TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks
TORONTO and SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic...
POET Enters Optical Module Market with 800G Transceiver for Artificial Intelligence Networks
TORONTO and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...
POET Technologies Announces Intention to Amend Warrant Terms
TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integra...
POET to Demo AI Hardware Products for 800G and Beyond at OFC 2024
TORONTO and SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...
POET Technologies Reports Fourth Quarter 2023 Financial Results
TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light ...
POET Technologies Announces the Grant of Stock Options
TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Closing of C$6.2 Million Non-Brokered Private Placement of Units and Reports Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2024 Results
TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET) is pleased to announce the completion of its non-brokered private placement prev...
POET Technologies Upsizes Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NAS...
POET Technologies Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NA...
POET Technologies Earns High Praise from Industry Expert in New e-Book
TORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Issues Letter to Shareholders
TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Closing of US$1.6 Million Underwritten Public Offering of Common Shares and Warrants
TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Pricing of US$1.4 Million Underwritten Public Offering of Common Shares and Warrants
TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Comments on Recent Market Activity
TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Reports Third Quarter 2023 Financial Results
TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Provides Financial Update
TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- OET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Int...
POET Technologies Announces Public Offering of Common Shares and Warrants
TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET Reports on Share Sales under ATM Program for the Quarter Ending September 30, 2023
TORONTO, Oct. 13, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company" or “POET”) (TSXV: PTK; NASDAQ: POET) hereby reports on the sales under the Company's "at-the-market" equity program (th...
POET Technologies Collaborates with Yuanjie Semiconductor Technology for Laser Supply as the Company's Optical Engines Enter Volume Production
TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET's JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer Demand
TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET Technologies' New Module Designs Attract Major Companies at CIOE
TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...
POET Technologies Refreshes "At-the-Market" Public Offering in the United States
TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company") (TSXV: PTK; NASDAQ: POET) is pleased to announce that it has entered into an equity distribution agreement dated Sept...