News

Latest News

Stocks in Play

Dividend Stocks

ETFs

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

EMCORE Exhibits Small Gains Ahead of Conference

EMCORE Corporation (NASDAQ: EMKR) came out of the starting gate up slightly Thursday. The company, a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that the management of EMCORE Corporation will present at the 25th Annual Needham Growth Conference on Tuesday of next week.

EMCORE boasts a status as a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets. Our best-in-class components and systems support a broad array of applications including navigation and inertial sensing, defense optoelectronics, broadband communications, optical sensing, and specialty chips for telecom and data center.

“We leverage industry-leading Photonic Integrated Chip (PIC), Quartz MEMS, Lithium Niobate, and Indium Phosphide chip-level technology,” according to Thursday’s news release, “to deliver state-of-the-art component and system-level products across our end-market applications.”

EMCORE’s latest financial figures in late December showed a net loss was $16.9 million and $10.9 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was negative $9.4 million. Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations and other information related to non-GAAP financial measures.

EMCORE has vertically-integrated manufacturing capability at its facilities in Alhambra, CA, Budd Lake, NJ, Concord, CA, and Tinley Park, IL

EMKR shares acquired a penny, or 1.1%, to 95 cents.