Key Developments: EMCORE Corp (EMKR.OQ)

EMKR.OQ on NASDAQ Stock Exchange Global Market

5.71USD
21 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Emcore Corp gives Q1 2014 revenue guidance below analysts' estimates
Wednesday, 4 Dec 2013 04:01pm EST 

Emcore Corp:Says Q1 2014 revenue of $43 to $45 million.Q1 2014 revenue of $47 million and EPS of $1.77 - Thomson Reuters I/B/E/S Estimates.  Full Article

Emcore Corp Announces Pricing of Underwritten Public Offering
Friday, 13 Sep 2013 08:00am EDT 

EMCORE Corporation announced that it priced an underwritten public offering of 2.5 million shares of common stock at a price to the public of $4.30 per share. Additionally, the Company has granted the underwriter an option for 30 days to purchase up to 375,000 additional shares of common stock. The Company plans to use the approximately $10.2 million in net proceeds for general corporate purposes. The offering is expected to close on September 18, 2013, subject to the satisfaction of customary closing conditions.  Full Article

Emcore Corp Announces Underwritten Public Offering of Common Stock
Thursday, 12 Sep 2013 11:36pm EDT 

Emcore Corp announced that it intends to offer and sell, subject to market and other conditions, 2.5 million shares of its common stock in an underwritten public offering pursuant to an effective shelf registration statement. EMCORE intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the amount of common stock offered. The Company plans to use any proceeds from the offering for general corporate purposes. In connection with the offering, B. Riley & Co., LLC is acting as sole underwriter. The offering of these securities will be made by means of a prospectus and related prospectus supplement, copies of which can be obtained, when available, from B. Riley & Co., LLC 11100 Santa Monica Blvd., Suite 800, Los Angeles, California 90025.  Full Article

Emcore Corp Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates
Tuesday, 6 Aug 2013 04:01pm EDT 

Emcore Corp announced that for fourth quarter of 2013, it expects revenue to be in the range of $42 to $45 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue $42 million for fourth quarter of 2013.  Full Article

Emcore Corp To Transfer 40% Equity Interest In Suncore Photovoltaic Technology Co., Ltd. (Suncore) To San'An-Form 8-K
Thursday, 27 Jun 2013 04:30pm EDT 

Emcore Corp reported in its Form 8-K that on June 24, 2013, EMCORE Corporation (Company) and San'An Optoelectronics Co., Ltd. (San'An) entered into an equity transfer agreement pursuant to which the Company agreed to transfer its 40% equity interest in Suncore Photovoltaic Technology Co., Ltd. (Suncore) to San'An. Following the completion of the transfer, San'An will own 100% of the equity interests in Suncore. San'An agreed to pay the Company an aggregate consideration of $4,800,000 in cash for the Minority Interest. The value of the Minority Interest in Suncore was $0 on the Company's balance sheet at March 31, 2013. Under the terms of the Transfer Agreement, each of the parties agreed to indemnify the other for any losses incurred as a result of either party's breach of its obligations under the Transfer Agreement. Closing is subject to customary conditions, including Chinese regulatory approvals. The payment for the consideration will be made upon the completion of the share transfer, which is expected to occur early in the Company's fourth fiscal quarter.  Full Article

Emcore Corp Issues Q3 2013 Revenue Guidance Below Analysts' Estimates
Thursday, 9 May 2013 04:01pm EDT 

Emcore Corp announced that for third quarter of 2013, it expects revenue to be in the range of $35-$39 million, which includes revenue from its joint venture Suncore. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue $50 million for third quarter of 2013.  Full Article

Emcore Corp Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Tuesday, 5 Feb 2013 04:01pm EST 

Emcore Corp announced that for the second quarter of 2013, it expects revenue to be in the range of $45 to $49 million, which includes revenue from our joint venture Suncore. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $51 million for the second quarter of 2013.  Full Article

Emcore Corp Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates
Thursday, 6 Dec 2012 04:01pm EST 

Emcore Corp announced that for the first quarter of 2013, it expects revenue to be in the range of $49 to $51 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $51 million for the first quarter of 2013.  Full Article

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