Emcore Corporation (EMKR)

NASDAQ: EMKR · Real-Time Price · USD
2.920
-0.050 (-1.68%)
At close: Nov 20, 2024, 4:00 PM
2.912
-0.008 (-0.28%)
After-hours: Nov 20, 2024, 4:44 PM EST
-1.68%
Market Cap 26.49M
Revenue (ttm) 90.96M
Net Income (ttm) -69.71M
Shares Out 9.07M
EPS (ttm) -8.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 140,111
Open 2.950
Previous Close 2.970
Day's Range 2.911 - 2.990
52-Week Range 0.780 - 7.200
Beta 1.57
Analysts Buy
Price Target 3.00 (+2.74%)
Earnings Date Dec 10, 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]

Sector Technology
IPO Date Mar 6, 1997
Employees 371
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 $3.0, which is an increase of 2.74% from the latest price.

Price Target
$3.0
(2.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

EMCORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of EMCORE Corporation - EMKR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of EMCORE Corporati...

11 days ago - Business Wire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EMKR and ALVR on Behalf of Shareholders

NEW YORK, Nov. 09, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...

Other symbols: ALVR
11 days ago - GlobeNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of EMCORE Corporation

NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by EMCORE Corporation (NASDAQ: EMKR) and its board of directors concerning the proposed acq...

12 days ago - PRNewsWire

Emcore Corporation Confirms Receipt of Unsolicited, Non-Binding Proposal from Mobix Labs, Inc.

BUDD LAKE, NJ, Oct. 01, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) (“Emcore” or the “Company), the world's largest independent provider of inertial navigation solutions to the aerospac...

7 weeks ago - GlobeNewsWire

Dow Dips 300 Points; Emcore Shares Spike Higher

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 300 points during on Monday.

7 weeks ago - Benzinga

Mobix Labs Submits All Cash Offer to Acquire EMCORE Corporation

IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”, “Mobix” or the “Company”), a leader in advanced wireless and connectivity solutions for the military and defense sector,...

Other symbols: MOBX
7 weeks ago - Business Wire

EMCORE Corporation (EMKR) Q3 2024 Earnings Call Transcript

EMCORE Corporation (NASDAQ:EMKR) Q3 2024 Results Conference Call August 7, 2024 8:00 AM ET Company Participants Tom Minichiello - Chief Financial Officer Matt Vargas - Interim Chief Executive Officer...

3 months ago - Seeking Alpha

EMCORE Reports Fiscal 2024 Third Quarter Results

BUDD LAKE, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, tod...

3 months ago - GlobeNewsWire

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) --...

6 months 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...

6 months ago - GlobeNewsWire

EMCORE Corporation (EMKR) Q2 2024 Earnings Call Transcript

EMCORE Corporation (NASDAQ:EMKR) Q2 2024 Results Conference Call May 8, 2024 5:00 PM ET Company Participants Tom Minichiello - Chief Financial Officer Cletus Glasener - Chairman of Board Matt Vargas ...

7 months ago - Seeking Alpha

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 months 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...

7 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...

7 months ago - GlobeNewsWire

EMCORE Corporation (EMKR) Q1 2024 Earnings Call Transcript

EMCORE Corporation (EMKR) Q1 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 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...

10 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...

10 months ago - GlobeNewsWire

EMCORE Corporation Enters Into Cooperation Agreement with Bradley L. Radoff

Appoints Cletus C. Glasener and Jeffrey J.

11 months ago - GlobeNewsWire

EMCORE Corporation (EMKR) Q4 2023 Earnings Call Transcript

EMCORE Corporation (NASDAQ:EMKR) Q4 2023 Earnings Conference Call December 12, 2023 5:00 PM ET Company Participants Thomas Minichiello - CFO Jeffrey Rittichier - President & CEO Conference Call Parti...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year 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

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire