Recap: EMCORE Q3 Earnings

EMCORE EMKR reported its Q3 earnings results on Tuesday, August 9, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

EMCORE missed estimated earnings by 30.77%, reporting an EPS of $-0.17 versus an estimate of $-0.13.

Revenue was down $18.98 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 14.68% drop in the share price the next day.

Here's a look at EMCORE's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.03	0.17	0.19	0.17
EPS Actual	-0.02	0.14	0.17	0.20
Revenue Estimate	32.92M	42.16M	43.17M	41.08M
Revenue Actual	32.65M	42.24M	43.95M	42.66M

To track all earnings releases for EMCORE visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.