Emcore (EMKR) Reports In-Line Q4 EPS

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EMCORE Corporation Announces Financial Results for First Quarter Ended December 31, 2015

February 4, 2016 4:01 PM EST

Consolidated Q1 revenue of $22.5 million

Consolidated Q1 GAAP net income of $1.0 million after taking into effect income from discontinued operations of $1.1 million

Non-GAAP Q1 income from continuing operations of $1.3 million and GAAP loss from continuing operations of $0.1 million

Anticipate Q2 revenue of $21 to $24 million

ALHAMBRA, Calif., Feb. 04, 2016 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR), a leading provider of Indium Phosphide (InP) optical chips, components, subsystems, and systems for the broadband and specialty fiber optics market, today announced financial results for its first quarter... More