EMCORE Corporation reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 19.63 million compared to USD 24.25 million a year ago. Net loss was USD 8.5 million compared to USD 12.23 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.21 a year ago. Basic loss per share was USD 0.1 compared to USD 0.27 a year ago. Diluted loss per share was USD 0.1 compared to USD 0.27 a year ago.
For the six months, sales was USD 43.76 million compared to USD 44.23 million a year ago. Net loss was USD 14.17 million compared to USD 23.92 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.42 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.42 a year ago. Basic loss per share was USD 0.16 compared to USD 0.58 a year ago. Diluted loss per share was USD 0.16 compared to USD 0.58 a year ago.