Benzinga | May 5, 2021 04:34PM EDT

EMCORE Q2 Adj. EPS $0.17 Beats $0.11 Estimate, Sales $38.40M Beat $36.13M Estimate

EMCORE (NASDAQ:EMKR) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.11 by 54.55 percent. This is a 230.77 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $38.40 million which beat the analyst consensus estimate of $36.13 million by 6.28 percent. This is a 61.01 percent increase over sales of $23.85 million the same period last year.