Emcore (EMKR) Prelim. Q2 Revenue Tops Previous Guidance Range

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EMCORE Corporation Announces Preliminary Financial Results for the Second Fiscal Quarter Ended March 31, 2021

April 19, 2021 8:30 AM EDT

ALHAMBRA, CA, April 19, 2021 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, announced preliminary financial results for its second fiscal quarter ended March 31, 2021.

EMCORE expects its revenue for the quarter to be approximately $38.4 million compared to its previous revenue guidance range of $34 million to $36 million.

Jeff Rittichier, EMCOREs President and CEO commented, Our Broadband business achieved better-than-forecasted shipments due to improved CATV production output across multiple facilities during the quarter.... More