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Akoustis Technologies AKTS reported its Q4 earnings results on Monday, September 12, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Akoustis Technologies missed estimated earnings by 36.84%, reporting an EPS of $-0.26 versus an estimate of $-0.19.
Revenue was up $3.04 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 0.45% increase in the share price the next day.
Here’s a look at Akoustis Technologies’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.20 | -0.20 | -0.16 |
| EPS Actual | -0.22 | -0.23 | -0.21 | -0.19 |
| Revenue Estimate | 4.70M | 3.78M | 2.01M | 2.52M |
| Revenue Actual | 4.61M | 3.67M | 1.87M | 2.16M |
To track all earnings releases for Akoustis Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.