Welcome to our dedicated page for Emcore news (Ticker: EMKR), a resource for investors and traders seeking the latest updates and insights on Emcore stock.
EMCORE Corporation (historically Nasdaq: EMKR) appears frequently in aerospace and defense industry news as a provider of inertial navigation products and solutions. Company releases describe EMCORE as a leading provider of inertial navigation products for the aerospace and defense markets, and in some communications as the world’s largest independent provider of inertial navigation solutions to that industry. News coverage of EMCORE often centers on its inertial sensors and systems and on its use of Photonic Integrated Chip (PIC), Quartz MEMS, and Lithium Niobate chip‑level technology.
Recent EMCORE news has included earnings announcements for fiscal 2024 and early fiscal 2025, where the company discussed revenue, margins, restructuring charges, and non‑GAAP measures such as adjusted EBITDA. These releases also describe restructuring actions, including personnel reductions and facility closures, aimed at reducing operating costs. Investors following EMKR‑related news can use these items to understand how EMCORE reported on its operating performance and cost‑reduction efforts as an independent public company.
Another major news theme is corporate transactions. In November 2024, a release announced that Velocity One, a newly formed aerospace manufacturing holding company backed by Charlesbank Capital Partners, signed a merger agreement under which EMCORE would become a wholly owned subsidiary of Velocity One. A March 2025 release then reported that Charlesbank, through Velocity One, completed its acquisition of EMCORE Corporation, combining EMCORE with Cartridge Actuated Devices and Aerosphere Power under the Velocity One platform.
News items have also highlighted EMCORE’s technical work and conference participation, including a presentation on quartz MEMS‑based navigation‑grade accelerometers and references to its navigation and inertial sensing product line. For users researching EMKR, this news page provides an organized view of EMCORE’s historical earnings updates, restructuring communications, transaction announcements, and technology‑focused releases.
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EMCORE Corporation (Nasdaq: EMKR) has announced a significant restructuring program aimed at streamlining operations. The company will terminate its Broadband business segment and defense optoelectronics product line. This decision follows extensive discussions to divest non-strategic units. EMCORE plans to reduce annual costs by approximately $12 million and cut the workforce by about 100 employees, primarily in Alhambra and China. The restructuring is expected to be finalized by September 30, 2023, and will involve downsizing its Alhambra campus. This move signifies EMCORE's commitment to focusing on its core inertial navigation business, leveraging its advanced technologies such as QMEMS and Lithium Niobate chips.
EMCORE Corporation (Nasdaq: EMKR) announced a public offering pricing of 15,454,546 shares of its common stock at $1.10 per share, aiming for gross proceeds of approximately $17 million. The offering is expected to close around February 17, 2023, pending customary conditions. A.G.P./Alliance Global Partners serves as the sole placement agent. The offering relates to a previously effective shelf registration statement with the SEC. This release emphasizes that it does not constitute an offer to sell or solicit an offer to buy these securities.
EMCORE Corporation (Nasdaq: EMKR) announced a public offering of its common stock, with all shares being offered by the company. This offering is subject to market conditions, and the exact size and terms are not guaranteed. The offering is being facilitated by A.G.P./Alliance Global Partners as the sole placement agent. A shelf registration statement for the shares was previously filed and became effective on May 20, 2021. EMCORE emphasizes that this press release does not constitute an offer to sell securities where such offers would be unlawful. Forward-looking statements regarding the timing and completion of the offering are included but subject to uncertainties.
EMCORE Corporation (Nasdaq: EMKR) announced its participation in the Cowen 44th Annual Aerospace/Defense & Industrials Conference, scheduled for February 16, 2023, at 11:30 AM ET. Management will present insights into the company’s advanced mixed-signal products, catering to aerospace, defense, communications, and sensing markets. A live webcast of the presentation will be accessible via here, with a replay available post-event at this link. EMCORE specializes in high-quality components and systems, boasting ISO 9001 and AS9100 certifications across its manufacturing facilities, located in California, New Jersey, and Illinois.
EMCORE Corporation (Nasdaq: EMKR) announced its fiscal 2023 first quarter results, reporting consolidated revenue of $25.0 million, down from $25.6 million in the previous quarter. The net loss was $11.7 million, with an adjusted EBITDA of negative $6.5 million. The Aerospace and Defense (A&D) segment generated $21.7 million in revenue, accounting for 87% of total revenue, with a gross margin of 22%. The company anticipates revenue for 2Q23 to range between $27 million and $29 million. Despite challenges, management aims to enhance cash flow and simplify operations while divesting non-strategic product lines.
EMCORE Corporation (Nasdaq: EMKR) will announce its fiscal 2023 first-quarter results on February 8, 2023, after market close. A conference call led by President & CEO Jeff Rittichier and CFO Tom Minichiello will commence at 5:00 p.m. ET to discuss the results and current business conditions. Interested participants are invited to register through a provided link to join the call via phone or a web interface. EMCORE specializes in advanced mixed-signal products for aerospace, defense, communications, and sensing markets, with manufacturing facilities in several locations across the U.S.