EMCORE

EMCORE Corp. engages in the manufacture and provision of mixed-signal optics products. It operates through the Aerospace and Defense segment and Broadband segment. The Aerospace and Defense segment produces navigation and inertial sensing products, and defense optoelectronics. The Broadband segment manufactures community antenna television (CATV) lasers and transmitters, chip devices, and other optical products. The company was founded in 1984 and is headquartered in Alhambra, CA.

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EMCORE reports Q2 revenue decline, appoints new interim CEO

EMCORE faced revenue decline and operational challenges in Q2 2024, leading to financial losses.
The company is actively addressing issues through restructuring, cost reduction, and leadership changes.
Despite challenges, EMCORE aims for financial stability and improved performance by the end of 2024.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of EMCORE Corporation (NasdaqCM: EMKR) to Velocity One. Under the terms of the proposed transaction, shareholders of EMCORE will receive $3.10 in cash for each share of EMCORE that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consider.

EMCORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of EMCORE Corporation - EMKR

Allovir, Inc.

NEW YORK, Nov. 09, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EMKR and ALVR on Behalf of Shareholders

NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by EMCORE Corporation (NASDAQ: EMKR) and its board of directors concerning the proposed acquisition of the company by Velocity One. Stockholders will receive $3.10 for each share of EMCORE stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of EMCORE Corporation

NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating EMCORE Corporation (NASDAQ: EMKR ), relating to its proposed merger with Velocity One Holdings, LP. Under the terms of the agreement, EMCORE stockholders will receive $3.10 per share of EMCORE common stock they own.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EMCORE Corporation – EMKR

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating EMCORE (Nasdaq: EMKR) for possible breaches of fiduciary duty and other violations of law in its transaction with Velocity One. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, stockholders of EMCORE will receive only $3.10 per share in cash. The transaction agreement unreasonably lim.

Shareholder Alert: Ademi LLP Investigates Whether EMCORE Corporation is Obtaining a Fair Price for Its Public Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EMCORE Corporation (NASDAQ: EMKR) to Velocity One for $3.10 per share in cash is fair to EMCORE shareholders. Halper Sadeh encourages EMCORE shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether EMCORE and its board.

EMKR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EMCORE Corporation Is Fair to Shareholders

BUDD LAKE, NJ, Oct. 01, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) (“Emcore” or the “Company), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today confirmed that it has received an unsolicited, non-binding proposal from Mobix Labs, Inc. (“Mobix”) to acquire all of the Company's outstanding shares for $3.80 per share in cash.

Emcore Corporation Confirms Receipt of Unsolicited, Non-Binding Proposal from Mobix Labs, Inc.

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 300 points during on Monday.

Dow Dips 300 Points; Emcore Shares Spike Higher

Chavant Capital Acquisition Corp

IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”, “Mobix” or the “Company”), a leader in advanced wireless and connectivity solutions for the military and defense sector, today announced it has submitted a compelling non-binding proposal to the Board of Directors of EMCORE Corporation (Nasdaq: EMKR) (“Emcore”), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, to acquire all of EMCORE's outstanding shar.

Mobix Labs Submits All Cash Offer to Acquire EMCORE Corporation

EMCORE Corporation (NASDAQ:EMKR ) Q3 2024 Results Conference Call August 7, 2024 8:00 AM ET Company Participants Tom Minichiello - Chief Financial Officer Matt Vargas - Interim Chief Executive Officer Conference Call Participants Richard Shannon - Craig-Hallum Brian Kintslinger - AGP Operator Thank you for standing by, and welcome to the EMCORE Corporation Fiscal 2024 Third Quarter Conference Call. [Operator Instructions].

EMCORE Corporation (EMKR) Q3 2024 Earnings Call Transcript

Emcore (EMKR) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $1.30 per share a year ago.

Emcore (EMKR) Reports Q3 Loss, Tops Revenue Estimates

BUDD LAKE, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 third quarter (3Q24) ended June 30, 2024. Management will host a conference call to discuss 3Q24 financial and business results on August 7, 2024 at 8:00 a.m.

EMCORE Reports Fiscal 2024 Third Quarter Results

Presentation Scheduled for Monday, June 3rd at 4:45 p.m. Session E4: Inertial Navigation Technologies 2, Ballroom D, Northern Kentucky Convention Center BUDD LAKE, NJ, May 31, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that its Chief Scientist, Sergey Zotov, Ph.D.

EMCORE's Chief Scientist Sergey Zotov to Present a Talk on the Journey from Tactical to High-End Navigation-Grade MEMS Accelerometers at the Joint Navigation Conference

BUDD LAKE, NJ, May 23, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced personnel and expense reduction actions, including the planned full closure of the Alhambra, CA site. Personnel reductions are expected to result in annualized savings of approximately $17 million and are the first stage of a restructuring program that is expected to include additional actions designed to further reduce annualized operating costs in an expedited manner.

EMCORE Restructuring Update: Personnel Reduction and Alhambra Closure

Emcore (EMKR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Emcore (EMKR) a New Buy Stock

Emcore (NASDAQ: EMKR ) stock is falling hard on Thursday following the release of the navigation system and inertial sensing products company's fiscal Q2 2024 earnings report. That comes alongside revenue of $19.6 million for the quarter.

Why Is Emcore (EMKR) Stock Down 41% Today?

EMCORE Corporation (NASDAQ:EMKR ) Q2 2024 Results Conference Call May 8, 2024 5:00 PM ET Company Participants Tom Minichiello - Chief Financial Officer Cletus Glasener - Chairman of Board Matt Vargas - Vice President of Sales, Marketing and Business Development Conference Call Participants Richard Shannon - Craig-Hallum Capital Group Brian Kinstlinger - Alliance Global Partners Operator Thank you for standing by. My name is Benjamin, and I will be your conference operator today.

EMCORE Corporation (EMKR) Q2 2024 Earnings Call Transcript

Emcore (EMKR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $1.80 per share a year ago.

Emcore (EMKR) Reports Q2 Loss, Lags Revenue Estimates

BUDD LAKE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 second quarter (2Q24) ended March 31, 2024. Management will host a conference call to discuss 2Q24 financial and business results on May 8, 2024 at 5:00 p.m.

EMCORE Reports Fiscal 2024 Second Quarter Results

BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, will announce its fiscal 2024 second-quarter results for the period ended March 31, 2024, on Wednesday, May 8, 2024, after the market close. Conference Call and Webcast Information The Company will host a conference call to discuss the results at 2:00 p.m.

EMCORE Corporation to Host Fiscal 2024 Second Quarter Conference Call on May 8, 2024

BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today the consummation effective April 30, 2024 of a transaction for the sale of its Chips business and indium phosphide (InP) wafer fabrication operations for a total purchase price of $2.92 million, together with the assumption by the buyer, HieFo Corporation, of certain assumed liabilities, of which $1 million was previously received from HieFo, and $1.92 million was paid by HieFo to EMCORE at the closing of the transaction. The transaction was consummated pursuant to the terms of an Asset Purchase Agreement entered into between EMCORE and HieFo on April 30, 2024, and included the transfer of substantially all assets related to EMCORE's non-core discontinued Chips business line, including the assets used in our InP wafer fabrication operations in Alhambra, California, including without limitation equipment, contracts, intellectual property and inventory.

EMCORE Announces Sale of Chips Business and Wafer Fabrication Operations for $2.92M and Certain Assumed Liabilities

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EMCORE Corporation (EMKR) Q1 2024 Earnings Call Transcript

News for EMCORE Stock (EMKR)