Emcore Corp (EMKR) 5.40 $EMKR
Emcore posts 1Q profit
Automated Insights - Thu Feb 12, 5:54PM CST
ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Thursday reported fiscal first-quarter net income of $56.1 million, after reporting a loss in the same period a year earlier.
EMKR: 5.40 (+0.15)
EMCORE beats by $0.02, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Feb 12, 3:36PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Financial Results for First Quarter Ended December 31, 2014
GlobeNewswire - Thu Feb 12, 3:01PM CST
-- Consolidated Q1 revenue of $18.4 million
EMKR: 5.40 (+0.15)
EMCORE Corporation to Report Fiscal 2015 First Quarter Results on Thursday, February 12, 2015
GlobeNewswire - Thu Feb 12, 8:00AM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber optics market, will announce its fiscal 2015 first quarter results for the period ended December 31, 2014 on Thursday, February 12, 2015 after market close. A conference call discussing the results will begin at 4:30 p.m. ET.
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces the Appointment of Dr. Hank Blauvelt as Chief Technology Officer
GlobeNewswire - Fri Jan 16, 5:07PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber optics market, announced today the appointment of Dr. Hank Blauvelt to Chief Technology Officer for EMCORE Corporation, reporting to Chief Executive Officer, Jeffrey Rittichier.
EMKR: 5.40 (+0.15)
NeoPhotonics Reports Equity Award Inducement Grants to Employees Hired with the Acquisition of Emcore's Narrow Linewidth Tunable Laser Product Line
Business Wire - Thu Jan 15, 7:01AM CST
NeoPhotonics Corporation (NYSE:NPTN), a leading designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high speed communications networks, reported that in connection with the completion of its acquisition of the Narrow Linewidth Tunable Laser Product Line of EMCORE Corporation, the company granted special inducement equity awards under the NeoPhotonics 2011 Inducement Award Plan to retain certain former Emcore employees (23 in total) as employees of the NeoPhotonics group. The company granted equity awards for an aggregate of 115,000 shares: stock options to purchase 110,000 shares and 5,000 restricted stock units. Each option vests 25% on January 5, 2016 (approximately the first anniversary of the closing of the Emcore asset acquisition) and the remainder in thirty-six substantially equal monthly installments thereafter, subject to such optionee being employed by the NeoPhotonics group on the applicable vesting dates. The stock options have a ten year term and an exercise price equal to $3.34 per share, which was the closing price of NeoPhotonics common stock on the New York Stock Exchange on the date of grant. The Restricted Stock Units vest in equal installments on each anniversary over four years. The equity awards were approved by the Compensation Committee of the NeoPhotonics board of directors and were granted as a material inducement to employment with the NeoPhotonics group.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
NeoPhotonics announces completion of acquisition of narrow linewidth tunable laser product line from EMCORE
M2 - Tue Jan 06, 5:51AM CST
NeoPhotonics Corporation (NYSE:NPTN) announced on Monday the completion of the acquisition of the tunable laser product lines of EMCORE Corporation (Nasdaq:EMKR) for approximately USD17.5m.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
EMCORE Announces Closing of Sale of its Tunable Laser and Transceiver Product Lines to NeoPhotonics Corporation for $17.5 Million
GlobeNewswire - Mon Jan 05, 7:26AM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the broadband and specialty fiber optics market, today announced that it completed the previously announced sale of its tunable laser and transceiver product lines to NeoPhotonics Corporation (Nasdaq:NPTN). In connection with the closing of the transaction, EMCORE received $1.5 million in cash and a promissory note from NeoPhotonics in the principal amount of $16 million. The promissory note will mature two years from the closing date of the transaction, subject to repayments under certain circumstances, and is secured by certain of the assets sold to NeoPhotonics in the transaction. The purchase price is subject to certain post-closing adjustments for inventory, net accounts receivable and pre-closing revenue levels, which will increase or decrease the principal amount of the promissory note as applicable.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
NeoPhotonics Completes Acquisition of EMCORE's Narrow Linewidth Tunable Laser Product Line
Business Wire - Mon Jan 05, 7:02AM CST
NeoPhotonics Corporation (NYSE:NPTN), today announced that it has completed the acquisition of the tunable laser product lines of EMCORE Corporation (NASDAQ: EMKR) for approximately $17.5 million. Consideration for the transaction consists of $1.5 million in cash and a promissory note of approximately $16.0 million, which is subject to certain adjustments for inventory, net accounts receivable and pre-closing revenues, and will mature in two years. The note is subordinated to the Company's existing bank debt in the U.S. and is secured by certain assets acquired in the transaction.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
Emcore Earnings In Retrospect: Up 6.7% in the Last 18 Days (EMKR)
Comtex SmarTrend(R) - Mon Dec 29, 7:00AM CST
Two weeks ago on December 11th, 2014 Emcore (NASDAQ:EMKR) reported earnings and analysts, on average, expected a loss of $0.07 on sales of $44.6 million. Emcore actually reported a loss of $0.04 per share on sales of $43.7 million, beating EPS estimates by $0.03 and missing revenue estimates by $0.9 million. Shares of Emcore have climbed from $5.06 to $5.40, representing a gain of 6.7% since the company reported earnings 18 days ago.
EMKR: 5.40 (+0.15)
Earnings Look Back: Emcore Is Up 5.3% Since Reporting Quarterly Results 1 Week Ago (EMKR)
Comtex SmarTrend(R) - Mon Dec 22, 7:01AM CST
11 days ago, on December 11th, 2014, Emcore (NASDAQ:EMKR) reported its earnings. Analysts, on average, expected a loss of $0.07 per share on sales of $44.6 million. The company actually reported a loss of $0.04 per share on sales of $43.7 million, beating EPS estimates by $0.03 and missing revenue estimates by $0.9 million. Shares of Emcore have climbed from $5.06 to $5.33, representing a gain of 5.3% since the company reported earnings 11 days ago.
EMKR: 5.40 (+0.15)
Emcore makes CEO change; shares +2.8% AH
Seeking Alpha - at Seeking Alpha - Thu Dec 11, 4:05PM CST
EMKR: 5.40 (+0.15)
EMCORE (EMKR) Q2 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Dec 11, 3:25PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Financial Results for Fourth Quarter and Fiscal Year Ended September 30, 2014
GlobeNewswire - Thu Dec 11, 3:10PM CST
-- Consolidated Q4 revenue of $43.7 million
EMKR: 5.40 (+0.15)
EMCORE beats by $0.03, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Dec 11, 3:09PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces New Chief Executive Officer
GlobeNewswire - Thu Dec 11, 3:01PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics market, announced today that it has named Jeffrey Rittichier Chief Executive Officer of the Company. In his new role, Mr. Rittichier succeeds Dr. Hong Hou, who has served as the Company's President and CEO since March 2008. Mr. Rittichier has also been appointed to the Company's Board of Directors to fill the vacancy that will be created when Dr. Hong Hou steps down as CEO.
EMKR: 5.40 (+0.15)
EMCORE Corporation to Report Fiscal 2014 Fourth Quarter and Year-End Results on Thursday, December 11, 2014
GlobeNewswire - Wed Dec 10, 3:06PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics market, will announce its fiscal 2014 fourth quarter and year-end results for the period ended September 30, 2014 on Thursday, December 11, 2014 after market close. A conference call discussing the results will begin at 4:30 p.m. ET.
EMKR: 5.40 (+0.15)
EMCORE Announces Closing of Sale of its Space Photovoltaics Business to an Affiliate of Veritas Capital for $150 Million
GlobeNewswire - Wed Dec 10, 2:48PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optics market, today announced that it completed the previously announced sale of its Space Photovoltaics Business to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation), an affiliate of private equity firm Veritas Capital ("SolAero"
. In connection with the closing of the transaction, EMCORE received $150 million in cash consideration, subject to a post-closing working capital adjustment.
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Shareholder Approval of the Sale of Space Photovoltaics Business to an Affiliate of Veritas Capital
GlobeNewswire - Fri Dec 05, 12:01PM CST
EMCORE Corporation (Nasdaq:EMKR) a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics and space solar power industries, announces that at a special meeting of EMCORE's shareholders held today, shareholders approved the previously announced sale of substantially all of the assets primarily related to or used in EMCORE's Space Photovoltaics business to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation), an affiliate of private equity firm Veritas Capital ("SolAero" , pursuant to the asset purchase agreement, dated as of September 17, 2014, as amended, by and between EMCORE and SolAero (the "Space Transaction" .
EMKR: 5.40 (+0.15)
Emcore posts 1Q profit
Automated Insights - Thu Feb 12, 5:54PM CST
ALHAMBRA, Calif. (AP) _ Emcore Corp. (EMKR) on Thursday reported fiscal first-quarter net income of $56.1 million, after reporting a loss in the same period a year earlier.
EMKR: 5.40 (+0.15)
EMCORE beats by $0.02, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Feb 12, 3:36PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Financial Results for First Quarter Ended December 31, 2014
GlobeNewswire - Thu Feb 12, 3:01PM CST
-- Consolidated Q1 revenue of $18.4 million
EMKR: 5.40 (+0.15)
EMCORE Corporation to Report Fiscal 2015 First Quarter Results on Thursday, February 12, 2015
GlobeNewswire - Thu Feb 12, 8:00AM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber optics market, will announce its fiscal 2015 first quarter results for the period ended December 31, 2014 on Thursday, February 12, 2015 after market close. A conference call discussing the results will begin at 4:30 p.m. ET.
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces the Appointment of Dr. Hank Blauvelt as Chief Technology Officer
GlobeNewswire - Fri Jan 16, 5:07PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the broadband and specialty fiber optics market, announced today the appointment of Dr. Hank Blauvelt to Chief Technology Officer for EMCORE Corporation, reporting to Chief Executive Officer, Jeffrey Rittichier.
EMKR: 5.40 (+0.15)
NeoPhotonics Reports Equity Award Inducement Grants to Employees Hired with the Acquisition of Emcore's Narrow Linewidth Tunable Laser Product Line
Business Wire - Thu Jan 15, 7:01AM CST
NeoPhotonics Corporation (NYSE:NPTN), a leading designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high speed communications networks, reported that in connection with the completion of its acquisition of the Narrow Linewidth Tunable Laser Product Line of EMCORE Corporation, the company granted special inducement equity awards under the NeoPhotonics 2011 Inducement Award Plan to retain certain former Emcore employees (23 in total) as employees of the NeoPhotonics group. The company granted equity awards for an aggregate of 115,000 shares: stock options to purchase 110,000 shares and 5,000 restricted stock units. Each option vests 25% on January 5, 2016 (approximately the first anniversary of the closing of the Emcore asset acquisition) and the remainder in thirty-six substantially equal monthly installments thereafter, subject to such optionee being employed by the NeoPhotonics group on the applicable vesting dates. The stock options have a ten year term and an exercise price equal to $3.34 per share, which was the closing price of NeoPhotonics common stock on the New York Stock Exchange on the date of grant. The Restricted Stock Units vest in equal installments on each anniversary over four years. The equity awards were approved by the Compensation Committee of the NeoPhotonics board of directors and were granted as a material inducement to employment with the NeoPhotonics group.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
NeoPhotonics announces completion of acquisition of narrow linewidth tunable laser product line from EMCORE
M2 - Tue Jan 06, 5:51AM CST
NeoPhotonics Corporation (NYSE:NPTN) announced on Monday the completion of the acquisition of the tunable laser product lines of EMCORE Corporation (Nasdaq:EMKR) for approximately USD17.5m.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
EMCORE Announces Closing of Sale of its Tunable Laser and Transceiver Product Lines to NeoPhotonics Corporation for $17.5 Million
GlobeNewswire - Mon Jan 05, 7:26AM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the broadband and specialty fiber optics market, today announced that it completed the previously announced sale of its tunable laser and transceiver product lines to NeoPhotonics Corporation (Nasdaq:NPTN). In connection with the closing of the transaction, EMCORE received $1.5 million in cash and a promissory note from NeoPhotonics in the principal amount of $16 million. The promissory note will mature two years from the closing date of the transaction, subject to repayments under certain circumstances, and is secured by certain of the assets sold to NeoPhotonics in the transaction. The purchase price is subject to certain post-closing adjustments for inventory, net accounts receivable and pre-closing revenue levels, which will increase or decrease the principal amount of the promissory note as applicable.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
NeoPhotonics Completes Acquisition of EMCORE's Narrow Linewidth Tunable Laser Product Line
Business Wire - Mon Jan 05, 7:02AM CST
NeoPhotonics Corporation (NYSE:NPTN), today announced that it has completed the acquisition of the tunable laser product lines of EMCORE Corporation (NASDAQ: EMKR) for approximately $17.5 million. Consideration for the transaction consists of $1.5 million in cash and a promissory note of approximately $16.0 million, which is subject to certain adjustments for inventory, net accounts receivable and pre-closing revenues, and will mature in two years. The note is subordinated to the Company's existing bank debt in the U.S. and is secured by certain assets acquired in the transaction.
EMKR: 5.40 (+0.15), NPTN: 3.20 (unch)
Emcore Earnings In Retrospect: Up 6.7% in the Last 18 Days (EMKR)
Comtex SmarTrend(R) - Mon Dec 29, 7:00AM CST
Two weeks ago on December 11th, 2014 Emcore (NASDAQ:EMKR) reported earnings and analysts, on average, expected a loss of $0.07 on sales of $44.6 million. Emcore actually reported a loss of $0.04 per share on sales of $43.7 million, beating EPS estimates by $0.03 and missing revenue estimates by $0.9 million. Shares of Emcore have climbed from $5.06 to $5.40, representing a gain of 6.7% since the company reported earnings 18 days ago.
EMKR: 5.40 (+0.15)
Earnings Look Back: Emcore Is Up 5.3% Since Reporting Quarterly Results 1 Week Ago (EMKR)
Comtex SmarTrend(R) - Mon Dec 22, 7:01AM CST
11 days ago, on December 11th, 2014, Emcore (NASDAQ:EMKR) reported its earnings. Analysts, on average, expected a loss of $0.07 per share on sales of $44.6 million. The company actually reported a loss of $0.04 per share on sales of $43.7 million, beating EPS estimates by $0.03 and missing revenue estimates by $0.9 million. Shares of Emcore have climbed from $5.06 to $5.33, representing a gain of 5.3% since the company reported earnings 11 days ago.
EMKR: 5.40 (+0.15)
Emcore makes CEO change; shares +2.8% AH
Seeking Alpha - at Seeking Alpha - Thu Dec 11, 4:05PM CST
EMKR: 5.40 (+0.15)
EMCORE (EMKR) Q2 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Dec 11, 3:25PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Financial Results for Fourth Quarter and Fiscal Year Ended September 30, 2014
GlobeNewswire - Thu Dec 11, 3:10PM CST
-- Consolidated Q4 revenue of $43.7 million
EMKR: 5.40 (+0.15)
EMCORE beats by $0.03, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Dec 11, 3:09PM CST
EMKR: 5.40 (+0.15)
EMCORE Corporation Announces New Chief Executive Officer
GlobeNewswire - Thu Dec 11, 3:01PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics market, announced today that it has named Jeffrey Rittichier Chief Executive Officer of the Company. In his new role, Mr. Rittichier succeeds Dr. Hong Hou, who has served as the Company's President and CEO since March 2008. Mr. Rittichier has also been appointed to the Company's Board of Directors to fill the vacancy that will be created when Dr. Hong Hou steps down as CEO.
EMKR: 5.40 (+0.15)
EMCORE Corporation to Report Fiscal 2014 Fourth Quarter and Year-End Results on Thursday, December 11, 2014
GlobeNewswire - Wed Dec 10, 3:06PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics market, will announce its fiscal 2014 fourth quarter and year-end results for the period ended September 30, 2014 on Thursday, December 11, 2014 after market close. A conference call discussing the results will begin at 4:30 p.m. ET.
EMKR: 5.40 (+0.15)
EMCORE Announces Closing of Sale of its Space Photovoltaics Business to an Affiliate of Veritas Capital for $150 Million
GlobeNewswire - Wed Dec 10, 2:48PM CST
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optics market, today announced that it completed the previously announced sale of its Space Photovoltaics Business to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation), an affiliate of private equity firm Veritas Capital ("SolAero"
. In connection with the closing of the transaction, EMCORE received $150 million in cash consideration, subject to a post-closing working capital adjustment. EMKR: 5.40 (+0.15)
EMCORE Corporation Announces Shareholder Approval of the Sale of Space Photovoltaics Business to an Affiliate of Veritas Capital
GlobeNewswire - Fri Dec 05, 12:01PM CST
EMCORE Corporation (Nasdaq:EMKR) a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics and space solar power industries, announces that at a special meeting of EMCORE's shareholders held today, shareholders approved the previously announced sale of substantially all of the assets primarily related to or used in EMCORE's Space Photovoltaics business to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation), an affiliate of private equity firm Veritas Capital ("SolAero"
, pursuant to the asset purchase agreement, dated as of September 17, 2014, as amended, by and between EMCORE and SolAero (the "Space Transaction" . EMKR: 5.40 (+0.15)
