Benzinga | Aug 5, 2020 04:51PM EDT

EMCORE Q3 Adj. EPS $(0.04) Beats $(0.09) Estimate, Sales $27.30M Beat $26.03M Estimate

EMCORE (NASDAQ:EMKR) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.09) by 55.56 percent. This is a 77.78 percent increase over losses of $(0.18) per share from the same period last year. The company reported quarterly sales of $27.30 million which beat the analyst consensus estimate of $26.03 million by 4.88 percent. This is a 58.55 percent increase over sales of $17.22 million the same period last year.