EMCORE Corp (EMKR.OQ) Key Developments | Reuters.com
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EMCORE Corp (EMKR.OQ)

EMKR.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Emcore Corp appoints Jikun Kim as CFO
Wednesday, 8 Jun 2016 07:30am EDT 

Emcore Corp : Jikun Kim succeeds Mark Weinswig who served as chief financial officer since October 2010 . Appointed Jikun Kim as chief financial officer, effective June 20, 2016 .Emcore Corporation appoints Jikun Kim as chief financial officer.  Full Article

EMCORE Corp gives Q3 2016 revenue guidance
Thursday, 5 May 2016 04:03pm EDT 

EMCORE Corp:Expects revenue for Q3 2016 to be in the range of $22 to $24 million.  Full Article

EMCORE Corp gives Q2 2016 revenue guidance
Thursday, 4 Feb 2016 04:01pm EST 

EMCORE Corp:Expect revenue for Q2 2016 to be in the range of $21 to $24 million.Q2 2016 revenue of $22 million - Thomson Reuters I/B/E/S.  Full Article

EMCORE Corp gives Q1 2016 revenue guidance in line with analysts' estimates
Tuesday, 8 Dec 2015 04:01pm EST 

EMCORE Corp:Expect revenue for Q1 2016 to be in the range of $22 to $24 million.Q1 2016 revenue of $23 million - Thomson Reuters I/B/E/S.  Full Article

EMCORE Corp gives Q4 2015 revenue guidance above analysts' estimates
Tuesday, 4 Aug 2015 04:01pm EDT 

EMCORE Corp:Expects Q4 2015 revenue to be in the range of $22 to $24 million.Q4 2015 revenue of $20 million - Thomson Reuters I/B/E/S.  Full Article

EMCORE Corp announces commencement of $45 million modified Dutch Auction tender offer for its common stock
Friday, 15 May 2015 09:02am EDT 

EMCORE Corp:Commences a modified Dutch auction tender offer to purchase shares of its common stock, up to an aggregate purchase price of $45 million, at a price not greater than $6.75 nor less than $6.25 per share, net to the seller in cash, less any applicable withholding taxes and without interest.Offer will expire at 5:00 p.m., New York City time, on Monday, June 15.  Full Article

Emcore Corp announces closing of sale of its Tunable Laser and Transceiver Product Lines to NeoPhotonics Corp
Monday, 5 Jan 2015 08:01am EST 

Emcore Corp:Says sale of its tunable laser and transceiver product lines to NeoPhotonics Corp.In connection with closing of transaction, EMCORE received $1.5 mln in cash and promissory note from NeoPhotonics in principal amount of $16 mln.Says promissory note will mature two years from closing date of the transaction, subject to repayments under certain circumstances, and is secured by certain of the assets sold to NeoPhotonics in the transaction.Says purchase price is subject to certain post-closing adjustments for inventory, net accounts receivable and pre-closing revenue levels, which will increase or decrease principal amount of promissory note as applicable.  Full Article

Emcore Corporation announces new Chief Executive Officer
Thursday, 11 Dec 2014 04:01pm EST 

Emcore Corporation:Says it has named Jeffrey Rittichier Chief Executive Officer of the Company.In his new role, Rittichier succeeds Dr. Hong Hou, who has served as the Company's President and CEO since March 2008.  Full Article

EMCORE Corp announces closing of sale of Space Photovoltaics Business to affiliate of Veritas Capital for $150 mln
Wednesday, 10 Dec 2014 03:48pm EST 

EMCORE Corp:Says it completed previously announced sale of Space Photovoltaics Business to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation), affiliate of private equity firm Veritas Capital.In connection with closing of transaction, EMCORE received $150 mln in cash consideration, subject to post-closing working capital adjustment.  Full Article

EMCORE Corp announces sale of Space Photovoltaics Business to Veritas Capital; announces CEO transition plan
Wednesday, 17 Sep 2014 06:28pm EDT 

EMCORE Corp:Enters into a definitive agreement with an affiliate of private equity firm Veritas Capital, under which an affiliate of Veritas has agreed to purchase EMCORE's Space Photovoltaics business for $150 mln in cash.Expected to close in Dec. 2014 or Jan. 2015.In connection with the announced sale of Space Photovoltaics business, EMCORE announces CEO transition plan.In light of EMCORE's more narrowly focused business operations following completion of this transaction, Hong Q. Hou, EMCORE's President and Chief Executive Officer, will be stepping down from his position.Hou will continue to serve in his current role until his successor is appointed.  Full Article

BRIEF-Emcore Corp appoints Jikun Kim as CFO

* Jikun Kim succeeds Mark Weinswig who served as chief financial officer since October 2010