Limited Time Special Reports


1. What are the two key mistakes beginners make in reading trends? 
2. Which "key" chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
Answer these questions and more with your FREE 10 day trading course

EMCORE Corporation (EMKR) Reports 15% Revenue Increase

Posted by Alison Kroulek | # |
10:15:41 am on February 12, 2009

EMCORE Corporation just announced that the company’s revenue for the first quarter of fiscal year  2009 is up by 15% over the first quarter of last year. From PV-tech.org, here are the preliminary numbers:

Revenue for EMCORE’s photovoltaics segment was $14.9 million, a 15% increase from $12.9 million reported for the same period last year, and an increase of $0.4 million, or 3%, from $14.5 million in the preceding quarter. The photovoltaics segment represented 28% of EMCORE’s consolidated revenue for the first quarter of both fiscal 2009 and 2008.

Tags: , ,
 

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments  
Martin
Feb.13

If that is so why is the market hitting it so hard Alison ? when you say 15% up that is only parcial in the Q1 Statement beacause they have been posting losses last 2 Quarters , so I wish to know why are you postin just a partial truth
BEst regards
Martin

 
Tate Dwinnell
Feb.13

Alison is usually good about posting the EPS numbers, I think she just forgot in this case .. yes EMKR continues to post losses. A non GAAP loss of .11/share last quarter. I can’t imagine this is going to be one of those solar companies that survives the shakeout

 
Leave a comment

(required)

(required)