Emcore (EMKR) Tops Q4 EPS by 5c, Beats on Revenue; Offers Q1 Revenue Guidance
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EMCORE Reports Fiscal 2023 Fourth Quarter Results
December 12, 2023 4:01 PM ESTALHAMBRA, CA, Dec. 12, 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 fourth quarter (4Q23) ended September 30, 2023. Management will host a conference call to discuss 4Q23 financial and business results on December 12, 2023 at 5:00 p.m. Eastern Time (ET).
For 4Q23, EMCOREs consolidated revenue was $26.8 million. Net loss was $42.6 million and $2.0 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was negative $0.9 million. Please refer to the schedules... More
