& cplSiteName &

Emcore Posts $6.6M Q4 Loss

Light Reading
News Wire Feed
Light Reading
12/6/2012
50%
50%

ALBUQUERQUE, N.M. -- EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics and solar power markets, today announced its financial results for its fourth quarter and fiscal year ended September 30, 2012.

Consolidated revenue for the fourth quarter ended September 30, 2012 was $47.5 million, which represents an 8.9% decrease compared to the prior year and a 15.6% increase compared to the immediate preceding quarter. On a segment basis, revenue for the Fiber Optics segment was $30.1 million, which represents a 2.7% decrease compared to the prior year and a 16.5% increase compared to the immediate preceding quarter. Revenue for the Photovoltaics segment was $17.4 million, which represents a 17.9% decrease compared to the prior year and a 14.2% increase compared to the immediate preceding quarter.

Consolidated gross profit was $4.6 million, which represents a 54.2% decrease compared to the prior year and a 4.8% increase compared to the immediate preceding quarter. Consolidated gross margin was 9.7%, which represents a decrease from the 19.2% gross margin reported in the prior year and a decrease from the 10.7% gross margin reported in the immediate preceding quarter. On a segment basis, Fiber Optics gross margin was 2.4%, which represents a decrease from the 18.0% gross margin reported in the prior year and a decrease from the 9.3% gross margin reported in the immediate preceding quarter. Photovoltaics gross margin was 22.2%, which represents an increase from the 21.0% gross margin reported in the prior year and an increase from the 13.0% gross margin reported in the immediate preceding quarter.

Emcore Corp. (Nasdaq: EMKR)

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
February 26-28, 2018, Santa Clara Convention Center, CA
March 20-22, 2018, Denver Marriott Tech Center
April 4, 2018, The Westin Dallas Downtown, Dallas
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
Hot Topics
Project AirGig Goes Down to Georgia
Dan Jones, Mobile Editor, 12/13/2017
Here's Pai in Your Eye
Alan Breznick, Cable/Video Practice Leader, Light Reading, 12/11/2017
Verizon's New Fios TV Is No More
Mari Silbey, Senior Editor, Cable/Video, 12/12/2017
Ericsson & Samsung to Supply Verizon With Fixed 5G Gear
Dan Jones, Mobile Editor, 12/11/2017
Juniper Turns Contrail Into a Platform for Multicloud
Craig Matsumoto, Editor-in-Chief, Light Reading, 12/12/2017
Animals with Phones
Don't Fall Asleep on the Job! Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed