Akoustis Technologies, Inc.

AKTS

US00973N1028

Electronic Equipment & Parts

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-31 pm EDT			5-day change	1st Jan Change
0.215 ^USD	+12.04%		+4.37%	-74.22%

May. 22	Top Midday Gainers	MT
May. 22	Akoustis Technologies, Inc. Completes Rollout of its XBAW® Design Updates	CI

Akoustis Technologies, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2019

January 31, 2020 at 04:09 pm EST

Akoustis Technologies, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced total revenue was USD 518,000 compared to USD 323,000 a year ago. Operating loss was USD 7.925 million compared to USD 6.355 million a year ago. Net loss was USD 9.314 million compared to USD 6.745 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to USD 0.24 a year ago. For the half year, total revenue was USD 1.061 million compared to USD 636,000 a year ago. Operating loss was USD 15.598 million compared to USD 13.052 million a year ago. Net loss was USD 18.289 million compared to USD 14.053 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to USD 0.56 a year ago.

Latest news about Akoustis Technologies, Inc.

Top Midday Gainers	May. 22	MT
Akoustis Technologies, Inc. Completes Rollout of its XBAW® Design Updates	May. 22	CI
B. Riley Adjusts Price Target on Akoustis Technologies to $0.75 From $1, Keeps Neutral Rating	May. 14	MT
Top Midday Decliners	May. 13	MT
Transcript : Akoustis Technologies, Inc., Q3 2024 Earnings Call, May 13, 2024	May. 13
Earnings Flash (AKTS) AKOUSTIS Reports Q3 Revenue $7.5M, vs. Street Est of $8.6M	May. 13	MT
Akoustis Technologies, Inc. Reports Unaudited Impairment Charges for the Third Quarter Ended March 31, 2024	May. 13	CI
Akoustis Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	May. 13	CI
North American Morning Briefing : Stock Futures Rise as Hopes of Rate Cut Return	May. 06	DJ
Akoustis Technologies, Inc. Receives Two Design Wins with Tier-1 Network Infrastructure Customer	May. 01	CI
Certain Common Stock of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Certain Options of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Certain Restricted Stock Units of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Akoustis Technologies, Inc. Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM	Apr. 08	CI
Akoustis Technologies, Inc. Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications	Apr. 03	CI
Transcript : Akoustis Technologies, Inc., Q2 2024 Earnings Call, Feb 13, 2024	Feb. 13
Earnings Flash (AKTS) AKOUSTIS Reports Q2 Revenue $7M	Feb. 13	MT
Akoustis Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 13	CI
North American Morning Briefing : Stocks Seen Struggling Ahead of CPI Report	Feb. 13	DJ
Akoustis Technologies Gets Wi-Fi 7 Design Win From US-Based Carrier	Feb. 12	MT
Akoustis Technologies, Inc. Receives Wi-Fi 7 Design Win from Tier-1 US-Based Carrier	Feb. 12	CI
Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi Ap Solutions Provider	Feb. 08	CI
North American Morning Briefing : Rate Doubts Keep -2-	Feb. 06	DJ
B. Riley Trims Akoustis Technologies' PT to $1 From $1.75, Notes Share Raise Dilution, Lingering Profitability Concerns; Maintains Neutral Rating	Jan. 26	MT
Akoustis Technologies to Launch Public Offering of Common Shares	Jan. 25	MT

Chart Akoustis Technologies, Inc.

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Company Profile

Akoustis Technologies, Inc. is a commercial product company. The Company operates through two segments: Fabrication Services and RF Filters. Its Fabrication Services segment consists of engineering review services and backend packaging services. Its RF Filters segment consists of amplifier and filter product sales. The Company develops RF filters for fifth generation (5G), wireless fidelity (WiFi) and defense bands through its resonator device models and product design kits (PDKs). It is focused on developing, designing, and manufacturing RF filter solutions for the wireless industry for products, including smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment (CPE), automotive, industrial and defense applications. The Company has developed a microelectromechanical system (MEMS) based bulk acoustic wave (BAW) technology. It is also engaged in providing back-end semiconductor supply chain services.

Sector

Electronic Equipment & Parts

Calendar

2024-06-15 - IEEE MTT-S International Microwave Symposium

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Ratings for Akoustis Technologies, Inc.

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Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.215 USD

Average target price

0.75 USD

Spread / Average Target

+248.84%

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Quarterly earnings - Rate of surprise

Company calendar

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Electronic Component