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EMCORE Corp (EMKR.OQ)

EMKR.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Emcore Corp Q3 GAAP Loss Per Share $0.37 From Continuing Operations
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - EMCORE Corp ::ORATION ANNOUNCES FINANCIAL RESULTS FOR FISCAL THIRD QUARTER ENDED JUNE 30, 2019.Q3 NON-GAAP LOSS PER SHARE $0.18 FROM CONTINUING OPERATIONS.Q3 GAAP LOSS PER SHARE $0.37 FROM CONTINUING OPERATIONS.Q3 REVENUE $17.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $17.2 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.14 -- REFINITIV IBES DATA.EXPECTS REVENUE FOR FISCAL Q4 ENDING SEPTEMBER 30, 2019 TO BE IN RANGE OF $22 TO $24 MILLION.Q4 REVENUE VIEW $25.4 MILLION -- REFINITIV IBES DATA.  Full Article

EMCORE Sees Q3 2019 Revenue About $17 Mln To $17.5 Mln
Friday, 12 Jul 2019 

July 11 (Reuters) - EMCORE Corp ::ORATION ANNOUNCES PRELIMINARY FINANCIAL RESULTS FOR THE THIRD FISCAL QUARTER ENDED JUNE 30, 2019.SEES Q3 2019 REVENUE ABOUT $17 MILLION TO $17.5 MILLION.Q3 REVENUE VIEW $21.4 MILLION -- REFINITIV IBES DATA.EMCORE - CHIP PRODUCT SALES, GPON IN PARTICULAR, EXPERIENCED SIGNIFICANT DECLINE IN Q3, LARGELY DUE TO ADDITIONAL NEGATIVE EFFECTS OF TRADE DISPUTE WITH CHINA.  Full Article

Emcore Corp - On June 21, Preliminary Award Was Issued In Arbitration Proceeding Commenced By Phoenix Navigation Components Against Co In New York
Friday, 28 Jun 2019 

June 27 (Reuters) - EMCORE Corp ::EMCORE CORP - ON JUNE 21, PRELIMINARY AWARD WAS ISSUED IN ARBITRATION PROCEEDING COMMENCED BY PHOENIX NAVIGATION COMPONENTS AGAINST CO IN NEW YORK.EMCORE CORP - PHOENIX ULTIMATELY SOUGHT $21.2 MILLION IN TOTAL DAMAGES, PLUS ATTORNEYS' FEES AND COSTS, IN AMERICAN ARBITRATION ASSOCIATION AWARD.EMCORE SAYS IN PRELIMINARY AWARD, ARBITRATOR FOUND THAT PHOENIX'S CLAIM FOR BREACH OF COVENANT OF GOOD FAITH & FAIR DEALING WAS DENIED - SEC FILING.EMCORE - ARBITRATOR FOUND PHOENIX'S CLAIM FOR BREACH OF AGREEMENTS ENTERED WITH CO FOR FAILURE TO GIVE FUNDING FOR NON-RECURRING ENGINEERING WAS DENIED.EMCORE CORP - IN PRELIMINARY AWARD, ARBITRATOR FOUND THAT PHOENIX'S CLAIM FOR UNJUST ENRICHMENT WAS DENIED.EMCORE CORP - IN PRELIMINARY AWARD, ARBITRATOR ALSO FOUND THAT EMCORE BREACHED CERTAIN LICENSE AGREEMENTS ENTERED INTO WITH PHOENIX.EMCORE - IN PRELIMINARY AWARD, ARBITRATOR FOUND CO'S REQUEST FOR DECLARATION, AS BETWEEN CO & PHOENIX, CO OWNS PROPRIETARY IOC, TRANSCEIVER WAS GRANTED.EMCORE CORP - IN PRELIMINARY AWARD ARBITRATOR FOUND PHOENIX AND ITS MEMBERS ARE NO LONGER SUBJECT TO PRIOR EXCLUSIVITY RESTRICTIONS.EMCORE CORP - IN PRELIMINARY AWARD, ARBITRATOR FOUND EMCORE'S CLAIM FOR BREACH OF COVENANT OF GOOD FAITH AND FAIR DEALING WAS DENIED.EMCORE - IN PRELIMINARY AWARD, ARBITRATOR FOUND PROCEEDINGS FOR PHOENIX'S ADDITIONAL CLAIMS, CO'S COUNTERCLAIM ON DISPUTED PATENT OWNERSHIP TO BE ESTABLISHED BY FUTURE PROCEEDING.  Full Article

Emcore Announces Acquisition Of Systron Donner Inertial
Monday, 10 Jun 2019 

June 10 (Reuters) - EMCORE Corp ::EMCORE ANNOUNCES ACQUISITION OF SYSTRON DONNER INERTIAL, A WORLD LEADING MANUFACTURER OF QUARTZ MEMS NAVIGATION PRODUCTS.EMCORE CORP - PROPOSED DEAL FOR APPROXIMATELY $25.8 MILLION.EMCORE CORP - DEAL CONSIDERATION WILL BE IN FORM OF $22.8 MILLION IN CASH PLUS 810,698 SHARES OF EMCORE COMMON STOCK.EMCORE CORP - DEAL EXPECTED TO BE NON-GAAP EPS ACCRETIVE BY END OF CALENDAR 2019.EMCORE CORP - INTENDS TO ADD SDI'S BUSINESS TO ITS CURRENT NAVIGATION PRODUCT LINE.EMCORE CORP - REVISED ITS REVENUE GUIDANCE OF $21 TO $23 MILLION FOR FISCAL Q3.EMCORE CORP - NOW SEES Q3 REVENUE OF $20 MILLION TO $22 MILLION.EMCORE CORP - UPDATE TO REVENUE FORECAST FOR Q3 IS DRIVEN BY NEGATIVE IMPACT TO EMCORE'S CHIP BUSINESS FROM HUAWEI-RELATED U.S. EXPORT RESTRICTIONS.EMCORE CORP - UPDATED BUSINESS OUTLOOK REFLECTS EXPECTATIONS OF MINIMAL Q3 SHIPMENTS FROM SDI IN LAST THREE WEEKS OF JUNE QUARTER.EMCORE CORP - ACQUIRED SDI FROM RESILIENCE CAPITAL PARTNERS.  Full Article

Emcore Corp Reports Q2 Results
Wednesday, 8 May 2019 

May 8 (Reuters) - EMCORE Corp ::ORATION ANNOUNCES FINANCIAL RESULTS FOR FISCAL SECOND QUARTER ENDED MARCH 31, 2019.Q2 NON-GAAP LOSS PER SHARE $0.07 FROM CONTINUING OPERATIONS.Q2 GAAP LOSS PER SHARE $0.18 FROM CONTINUING OPERATIONS.Q2 REVENUE $21.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $22.4 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.10 -- REFINITIV IBES DATA.EXPECTS REVENUE FOR FISCAL Q3 ENDING JUNE 30, 2019 TO BE IN RANGE OF $21 TO $23 MILLION.Q3 REVENUE VIEW $25.1 MILLION -- REFINITIV IBES DATA.  Full Article

Emcore Awarded Long-Term Contract By Raytheon To Supply High-Performance Fiber Optic Gyroscopes For Optical Targeting Systems
Monday, 17 Sep 2018 

EMCORE Corp ::EMCORE AWARDED LONG-TERM CONTRACT BY RAYTHEON TO SUPPLY HIGH-PERFORMANCE FIBER OPTIC GYROSCOPES FOR OPTICAL TARGETING SYSTEMS.EMCORE CORP - AWARDED LONG-TERM CONTRACT VALUED AT OVER $18 MILLION OVER 4-YEARS TO SUPPLY HIGH-PERFORMANCE FIBER OPTIC GYROSCOPE MODULES TO RAYTHEON.  Full Article

Emcore Reports Q4 GAAP EPS Of $0.08 From Cont Ops
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Emcore Corp ::EMCORE CORPORATION ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR ENDED SEPTEMBER 30, 2017.Q4 NON-GAAP EARNINGS PER SHARE $0.12 FROM CONTINUING OPERATIONS.Q4 GAAP EARNINGS PER SHARE $0.08 FROM CONTINUING OPERATIONS.Q4 REVENUE $29.2 MILLION VERSUS I/B/E/S VIEW $30.3 MILLION.EMCORE CORP Q4 EARNINGS PER SHARE VIEW $0.14 -- THOMSON REUTERS I/B/E/S.SAYS ANTICIPATES INCREASING NON-CATV REVENUE TO 30% FOR NEXT YEAR, IMPROVE NON-GAAP OPERATING MARGINS TO 15% AS CO EXITS FISCAL YEAR 2018.  Full Article