News articles about EMCORE (NASDAQ:EMKR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EMCORE earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 46.9972095148836 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
EMCORE traded down $0.10, reaching $4.85, during trading on Friday, according to Marketbeat. 89,330 shares of the company’s stock were exchanged, compared to its average volume of 130,971. The firm has a market capitalization of $136.10 million, a PE ratio of 12.44 and a beta of 0.38. EMCORE has a fifty-two week low of $4.40 and a fifty-two week high of $9.25.
EMCORE (NASDAQ:EMKR) last announced its quarterly earnings results on Thursday, August 2nd. The semiconductor company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.18). The firm had revenue of $17.72 million for the quarter, compared to analyst estimates of $18.02 million. EMCORE had a negative net margin of 10.45% and a negative return on equity of 6.84%. equities research analysts forecast that EMCORE will post -0.42 EPS for the current fiscal year.
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in California. It offers broadband products comprising cable television; laser, receiver, and photodetector component products; radio frequency over glass FTTP products; satellite/microwave communications products; and wireless communications products.
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