Rubicon Technology Inc. (RBCN) reported that its fourth-quarter net loss narrowed to $755 thousand or $0.04 per share from $1.790 million or $0.08 per share last year.
On average, 8 analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $8.528 million from $4.042 million last year. Analysts expected revenue of $7.31 million for the quarter.
The company estimates revenue for the first quarter will be approximately $10.5 million. The company expects earnings per share of approximately $0.03, based on a projected diluted share count of 21.5 million share.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.