EMCORE Corporation (EMKR)

NASDAQ: EMKR · IEX Real-Time Price · USD
1.140
-0.020 (-1.72%)
At close: Jul 2, 2024, 4:00 PM
1.179
+0.039 (3.42%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-1.72%
Market Cap 9.42M
Revenue (ttm) 89.70M
Net Income (ttm) -65.61M
Shares Out 8.27M
EPS (ttm) -10.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 577,348
Open 1.130
Previous Close 1.160
Day's Range 1.110 - 1.220
52-Week Range 0.780 - 9.500
Beta 1.41
Analysts Buy
Price Target 15.00 (+1,215.79%)
Earnings Date Aug 6, 2024

About EMKR

EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing sys... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Mar 6, 1997
Employees 350
Stock Exchange NASDAQ
Ticker Symbol EMKR
Full Company Profile

Financial Performance

In 2023, EMCORE's revenue was $97.72 million, an increase of 115.62% compared to the previous year's $45.32 million. Losses were -$75.36 million, 209.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for EMKR stock is "Buy." The 12-month stock price forecast is $15.0, which is an increase of 1,215.79% from the latest price.

Price Target
$15.0
(1,215.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

EMCORE's Chief Scientist Sergey Zotov to Present a Talk on the Journey from Tactical to High-End Navigation-Grade MEMS Accelerometers at the Joint Navigation Conference

Presentation Scheduled for Monday, June 3rd at 4:45 p.m. Session E4: Inertial Navigation Technologies 2, Ballroom D, Northern Kentucky Convention Center BUDD LAKE, NJ, May 31, 2024 (GLOBE NEWSWIRE) --...

4 weeks ago - GlobeNewsWire

EMCORE Restructuring Update: Personnel Reduction and Alhambra Closure

BUDD LAKE, NJ, May 23, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...

5 weeks ago - GlobeNewsWire

EMCORE Reports Fiscal 2024 Second Quarter Results

BUDD LAKE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...

7 weeks ago - GlobeNewsWire

EMCORE Corporation to Host Fiscal 2024 Second Quarter Conference Call on May 8, 2024

BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...

2 months ago - GlobeNewsWire

EMCORE Announces Sale of Chips Business and Wafer Fabrication Operations for $2.92M and Certain Assumed Liabilities

BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...

2 months ago - GlobeNewsWire

EMCORE Reports Fiscal 2024 First Quarter Results

ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...

5 months ago - GlobeNewsWire

EMCORE to Present at the TD Cowen 45th Annual Aerospace & Defense Conference

ALHAMBRA, CA, Feb. 06, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...

5 months ago - GlobeNewsWire

EMCORE Corporation to Host Fiscal 2024 First Quarter Conference Call on February 8, 2024

ALHAMBRA, CA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...

5 months ago - GlobeNewsWire

EMCORE Corporation Enters Into Cooperation Agreement with Bradley L. Radoff

Appoints Cletus C. Glasener and Jeffrey J.

6 months ago - GlobeNewsWire

EMCORE Reports Fiscal 2023 Fourth Quarter Results

ALHAMBRA, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, toda...

7 months ago - GlobeNewsWire

EMCORE Corporation to Host Fiscal 2023 Fourth Quarter Conference Call on December 12, 2023

ALHAMBRA, CA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...

7 months ago - GlobeNewsWire

EMCORE to Supply Kratos with Quartz MEMS IMUs for Multiple Unmanned Aerial Defense Programs Including the XQ-58 Valkyrie

The value of this multi-year award is expected to be over $4.6 million The value of this multi-year award is expected to be over $4.6 million

8 months ago - GlobeNewsWire

EMCORE Completes Sale of Non-Strategic Product Lines to Photonics Foundries, Inc.

ALHAMBRA, CA, Oct. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...

9 months ago - GlobeNewsWire

EMCORE Advances Photonic Integrated Chip (PIC) Technology Integrating PIC Into All Open-Loop Fiber Optic Gyro (FOG)-based Products

ALHAMBRA, CA, Oct. 09, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, anno...

9 months ago - GlobeNewsWire

EMCORE Corporation Adopts Tax Benefits Preservation Plan to Protect Tax Assets

ALHAMBRA, CA, Sept. 28, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: EMKR) EMCORE Corporation (“EMCORE”) announced today that its Board of Directors has approved the adoption of a tax benefits preservation plan ...

9 months ago - GlobeNewsWire

EMCORE Introduces New TAC-440 MEMS Inertial Measurement Unit

ALHAMBRA, CA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ann...

10 months ago - GlobeNewsWire

EMCORE and UR Group Join Forces at DSEI 2023 to Showcase Industry-Leading Inertial Navigation Product Portfolio

ALHAMBRA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry,...

10 months ago - GlobeNewsWire

EMCORE Announces Closing of $17.25 Million Public Offering

ALHAMBRA, CA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced the closing of its underwritten public offering of 22,600,000 shares of its common stock, which includ...

11 months ago - GlobeNewsWire

EMCORE Announces Pricing of $15.8 Million Public Offering

ALHAMBRA, CA, Aug. 17, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced the pricing of an underwritten public offering of 19,652,174 shares of its common stock, and, to certa...

11 months ago - GlobeNewsWire

EMCORE Announces Proposed Public Offering

ALHAMBRA, CA, Aug. 16, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) today announced that it intends to offer and sell shares of its common stock and, to certain investors, pre-funded war...

11 months ago - GlobeNewsWire

EMCORE Reports Fiscal 2023 Third Quarter Results

ALHAMBRA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ...

11 months ago - GlobeNewsWire

EMCORE Announces Anticipated Sale of Non-Strategic Product Lines

ALHAMBRA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, ...

11 months ago - GlobeNewsWire

EMCORE Corporation to Host Fiscal 2023 Third Quarter Conference Call on August 9, 2023

ALHAMBRA, CA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will...

1 year ago - GlobeNewsWire

EMCORE Increases Revenue Projection for Last-Time Buys of Broadband Products to $20 Million

ALHAMBRA, CA, May 24, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, annou...

1 year ago - GlobeNewsWire

EMCORE Reports Fiscal 2023 Second Quarter Results

ALHAMBRA, CA, May 04, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today...

1 year ago - GlobeNewsWire