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EMCORE Corporation (EMKR) delivers critical innovations in mixed-signal optics and inertial navigation for aerospace, defense, and high-speed communications systems. This page provides authorized news updates directly from the company and verified industry sources.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product developments, and strategic partnerships. All content is curated to meet rigorous financial reporting standards, ensuring reliable tracking of EMKR's advancements in photonic integrated chips and navigation technologies.
The repository includes updates on manufacturing certifications, defense contract milestones, and telecommunications innovations. Users can monitor EMKR's vertically integrated production capabilities and quality management systems through verified operational updates.
Bookmark this page for streamlined access to EMCORE's latest developments in fiber optic networks and aerospace navigation solutions. Regular updates ensure timely awareness of the company's position within critical infrastructure markets.
EMCORE Corporation (Nasdaq: EMKR) announced its intention to conduct an underwritten public offering of common stock, granting underwriters a 30-day option for an additional 15%. The offering is subject to market conditions, and no assurance can be given on its completion or terms. Cowen is the book-running manager. This offering follows an effective shelf registration statement filed with the SEC. The release mentions forward-looking statements and acknowledges potential risks that may affect the offering.
EMCORE Corporation (Nasdaq: EMKR) reported consolidated revenue of $33.4 million for the first quarter of fiscal 2021, with net income of $2.6 million. The Aerospace & Defense segment generated $13.6 million in revenue, while the Broadband segment contributed $19.8 million. Adjusted EBITDA stood at $4.4 million. The company anticipates revenue for the second quarter to range between $34 million to $36 million. EMCORE continues to navigate COVID-related challenges and expresses optimism about growth in its Aerospace & Defense vertical.
EMCORE Corporation (Nasdaq: EMKR) reported a consolidated revenue of $33.4 million for fiscal Q1 2021, slightly down from the previous quarter. The Aerospace & Defense segment generated $13.6 million, while the Broadband segment contributed $19.8 million. Net income increased to $2.6 million, compared to $0.7 million in Q4 2020. Adjusted EBITDA rose to $4.4 million. The company anticipates Q2 revenue between $34 million and $36 million. The management remains optimistic about growth prospects despite facing COVID-19 supply chain challenges.
EMCORE Corporation (Nasdaq: EMKR) will release its fiscal 2021 Q1 results on February 3, 2021, after market close. The results will cover the period ending December 31, 2020. A conference call led by CEO Jeff Rittichier and CFO Tom Minichiello will take place on February 4, 2021, at 8:00 a.m. ET to discuss the results and current business conditions. Interested parties can participate by calling 866-248-8441 or by accessing the live webcast on the company's website.
EMCORE Corporation (Nasdaq: EMKR) announced its participation in the 23rd Annual Needham Virtual Growth Conference scheduled for January 14, 2021, at 9:15 AM ET. The presentation will be accessible via live and replay webcast at investor.emcore.com. EMCORE is a leader in advanced mixed-signal products for aerospace, defense, and broadband communications, utilizing state-of-the-art technology to deliver high-quality components. The company maintains ISO 9001 and AS9100 certifications, ensuring high-quality manufacturing standards.
EMCORE Corporation (Nasdaq: EMKR) has started shipping its Optiva OTS-1LNG Next-Gen L-Band fiber optic links, which boast extended bandwidth for native S- and C-Band operations from 50 MHz to 6 GHz. These modules are designed for satellite antenna signal transport, presenting a cost-efficient solution that enhances performance while reducing network complexity.
The Optiva platform allows long-distance fiber optic links up to 100 km, offering superior resistance to electromagnetic interference and reducing signal-related errors.
EMCORE Corporation (Nasdaq: EMKR) has been featured in Inside GNSS for its advanced Quartz MEMS and Fiber Optic Gyroscope technologies. These innovations offer high-performance benchmarks with low cost, size, weight, and power (CSWaP), serving both commercial and defense applications. The article highlights EMCORE's unique capabilities in producing both gyros and accelerometers, showcasing products like the EN-300 precision FOG IMU that significantly outperforms legacy systems. This recognition underlines EMCORE's strategic position in the aerospace and defense sectors.
EMCORE Corporation (Nasdaq: EMKR) reported a strong fiscal 2020 fourth quarter with revenues of $33.5 million, a 23% sequential increase. The Aerospace & Defense segment contributed $14.5 million and the Broadband segment $19.0 million. Net income improved to $0.7 million on a GAAP basis, compared to a net loss of $1.3 million in the previous quarter. Adjusted EBITDA rose to $4.0 million. Looking forward, EMCORE anticipates revenues between $32 million and $34 million for Q1 2021, despite ongoing challenges from the COVID-19 pandemic.
EMCORE Corporation (Nasdaq: EMKR) reported success in a significant ultra-high-altitude flight simulation featured in Inside GNSS. The SDN500 INS was tested to validate its velocity and altitude limits alongside algorithm performance. The simulation confirmed the navigation system's effectiveness across demanding scenarios, demonstrating robust performance even when GNSS signals were lost. EMCORE's collaboration with CAST Navigation enabled cost-effective testing at altitudes above 24,000 meters, showcasing advanced capabilities critical for aerospace applications.
EMCORE Corporation (NASDAQ: EMKR) plans to announce its fiscal 2020 fourth quarter results for the period ended September 30, 2020, on November 30, 2020, after the market closes. A conference call will be held on December 1, 2020, at 8:00 a.m. ET, featuring CEO Jeff Rittichier and CFO Tom Minichiello, discussing results and current business conditions. The call can be accessed by phone or via a live webcast on the Company's website, where a replay will be available starting December 1, 2020.
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