Emcore reports Q4 EPS (22c) vs. (49c) last quarter
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2025
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Financial Performance: The company reported Q4 revenue of $21.7 million, a 6% increase from the previous quarter's $20.4 million, and generated positive cash flow of $1.8 million.
Restructuring Success: Interim CEO Matt Vargas highlighted significant progress in business areas due to the restructuring plan, which also led to substantially lowered operating expenses and increased backlog from strong bookings.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
