|Bid||0.0000 x 1000|
|Ask||0.0000 x 800|
|Day's Range||4.1300 - 4.3600|
|52 Week Range||1.4600 - 4.4600|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 14, 2016|
|1y Target Est||6.20|
NEW YORK, NY / ACCESSWIRE / December 1, 2020 / EMCORE Corp.
Emcore (EMKR) delivered earnings and revenue surprises of 150.00% and 0.09%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of EMCORE (NASDAQ:EMKR) fell 8.17% after the company reported Q4 results.Quarterly Results Earnings per share increased 137.04% over the past year to $0.10, which beat the estimate of $0.04.Revenue of $33,530,000 rose by 37.98% from the same period last year, which beat the estimate of $33,500,000.Outlook Earnings guidance hasn't been issued by the company for now.View more earnings on EMKRRevenue guidance hasn't been issued by the company for now.Technicals Company's 52-week high was at $4.4652-week low: $1.46Price action over last quarter: Up 22.90%Company Description EMCORE Corp is a player in the semiconductor industry. The firm provides advanced Mixed-Signal Optics products that enable communications systems and service providers increased bandwidth and connectivity. It serves various industries namely civil aerospace, defense, transportation, satellite antenna remoting, energy, and infrastructure among others. Geographically, the company generates a majority of its revenue from the United States.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 30, 2020 * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.