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Emcore: Fiscal 2Q Earnings Snapshot

May 7, 2020 GMT

ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Wednesday reported a loss of $5.1 million in its fiscal second quarter.

The Alhambra, California-based company said it had a loss of 18 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 13 cents per share.

The maker of components for communications gear and solar panels posted revenue of $23.9 million in the period.

For the current quarter ending in July, Emcore said it expects revenue in the range of $25 million to $27 million.

The company’s shares closed at $2.70. A year ago, they were trading at $3.90.



This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMKR at https://www.zacks.com/ap/EMKR