Tag Archives: 1st quarter results

EMCORE Corporation (EMKR) Reports 15% Revenue Increase

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%

Read the rest

Archer Daniels Midland (ADM) Releases 1st Quarter Results

Archer Daniels Midland released its first quarter results today. They reported a jump in profits, with net income of  $1.05 billion, or $1.63 per share, That’s a big jump from this time last year, when the company reported net income of $441 million, or 68 cents per share.

Due to price increases, net sales rose 65 percent to $21.16 billion, even as sales volumes remained steady. In addition to the increase in sales, ADM … Read the rest