Akoustis Technologies (NASDAQ:AKTS) – Akoustis Technologies: Q4 Earnings Insights

 

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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