POET Technologies Inc. (POET)
Market Cap | 40.81M |
Revenue (ttm) | 465,777 |
Net Income (ttm) | -20.27M |
Shares Out | 40.70M |
EPS (ttm) | -0.51 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 53,740 |
Open | 1.060 |
Previous Close | 1.060 |
Day's Range | 1.003 - 1.070 |
52-Week Range | 0.720 - 5.880 |
Beta | 0.55 |
Analysts | Strong Buy |
Price Target | 6.25 (+523.13%) |
Earnings Date | May 13, 2024 |
About POET
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet o... [Read more]
Financial Performance
In 2023, POET's revenue was $465,777, a decrease of -15.73% compared to the previous year's $552,748. Losses were -$20.27 million, -3.66% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for POET stock is "Strong Buy." The 12-month stock price forecast is $6.25, which is an increase of 523.13% from the latest price.
News
POET Augments Investor Outreach Efforts and Announces Management Role Change
TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks
TORONTO and SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic...
POET Enters Optical Module Market with 800G Transceiver for Artificial Intelligence Networks
TORONTO and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...
POET Technologies Announces Intention to Amend Warrant Terms
TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integra...
POET to Demo AI Hardware Products for 800G and Beyond at OFC 2024
TORONTO and SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...
POET Technologies Reports Fourth Quarter 2023 Financial Results
TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light ...
POET Technologies Announces the Grant of Stock Options
TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Closing of C$6.2 Million Non-Brokered Private Placement of Units and Reports Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2024 Results
TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET) is pleased to announce the completion of its non-brokered private placement prev...
POET Technologies Upsizes Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NAS...
POET Technologies Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NA...
POET Technologies Earns High Praise from Industry Expert in New e-Book
TORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Issues Letter to Shareholders
TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Closing of US$1.6 Million Underwritten Public Offering of Common Shares and Warrants
TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces Pricing of US$1.4 Million Underwritten Public Offering of Common Shares and Warrants
TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Comments on Recent Market Activity
TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Reports Third Quarter 2023 Financial Results
TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Provides Financial Update
TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- OET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Int...
POET Technologies Announces Public Offering of Common Shares and Warrants
TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET Reports on Share Sales under ATM Program for the Quarter Ending September 30, 2023
TORONTO, Oct. 13, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company" or “POET”) (TSXV: PTK; NASDAQ: POET) hereby reports on the sales under the Company's "at-the-market" equity program (th...
POET Technologies Collaborates with Yuanjie Semiconductor Technology for Laser Supply as the Company's Optical Engines Enter Volume Production
TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET's JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer Demand
TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...
POET Technologies' New Module Designs Attract Major Companies at CIOE
TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...
POET Technologies Refreshes "At-the-Market" Public Offering in the United States
TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company") (TSXV: PTK; NASDAQ: POET) is pleased to announce that it has entered into an equity distribution agreement dated Sept...
POET Technologies to Feature 800G Optical Transceivers at CIOE 2023
TORONTO and SHENZHEN, China, Aug. 30, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interpo...
POET Technologies Creates Platform for 1.6T Transceivers Using 200G per lane Technology
TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrate...