Emcore Corp. (EMKR) reported a first quarter net loss of $13.64 million or $0.17 per share, compared to a loss of $53.45 million or $0.69 per share in the same period last year.
After excluding certain non-cash and other adjustments, the company had non-GAAP net loss of $7.07 million or $0.09 per share for the quarter.
Revenue for the quarter decreased to $42.40 million from $54.06 million in the corresponding period last year.
Looking forward into the second quarter, the company expects consolidated revenue to be in the range of $45 million to $47 million, with increases in both the Photovoltaics and Fiber Optics segments.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.