This recent transaction increases Stephen Domenik’s holding in the company by 32.56% to a total of $136.8K. This is Domenik’s first transaction since reporting a Buy transaction on PXLW back in February 2016
Based on Emcore’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $25.48 million and GAAP net loss of $1.34 million. In comparison, last year the company earned revenue of $24 million and had a GAAP net loss of $5.54 million. Currently, Emcore has an average volume of 89.87K. The company has a one-year high of $4.31 and a one-year low of $2.65.
Starting in May 2019, EMKR received 16 Buy ratings in a row.
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EMCORE Corp. engages in the manufacture and provision of mixed-signal optics products. It offers catv broadband transport and access; lasers and components; chip level devices; satellite RF fiber optic transport; wireless/distributed antenn systems; microwave components; fiber optics gyros, sensors, and navigation systems.