Emcore (EMKR) Misses Q2 EPS by 2c

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EMCORE Reports Fiscal 2023 Second Quarter Results

May 4, 2023 4:01 PM EDT

ALHAMBRA, CA, May 04, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the worlds largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2023 second quarter (2Q23) ended March 31, 2023. Management will host a conference call to discuss 2Q23 financial and business results today at 5:00 p.m. Eastern Time (ET).

For 2Q23, EMCOREs consolidated revenue was $26.8 million, comprised of $25.2 million from the Aerospace and Defense (A&D) segment, of which $24.3 million was inertial navigation, and $1.6 million from the Broadband segment. Net loss was $12.2... More