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Akoustis Tech (NASDAQ:) Q1 Reports Missed Analysts’ Expectations

Investing.com – Akoustis Tech (NASDAQ: ) Q1 reports missed analysts’ expectations. with revenue lower than expected numbers According to information published on Wednesday.

Akoustis Tech’s earnings per share (EPS) were $-0.21 on revenue of $8.33M. Investing.com previously viewed the figure at $-0.17 per share on an earnings basis of $8.42M.

Shares of Akoustis Tech were down 20.52% to $1.31 during the day following the earnings news.

Besides Akoustis Tech, there are other companies. in the technology sector of the NASDAQ stock market who reported earnings during this month

NVIDIA previously reported second-quarter earnings of $2.7 per share on revenue of $13.51B versus expectations of $2.07 and revenue of $11.13B.

While Tencent ADR’s performance from the latest report beat analysts’ forecasts. Second-quarter profit was $0.5301 per share and revenue was $20.41B, compared with analysts’ expectations. Investing.com It expects earnings per share to be around $0.5297 on a $21.31B revenue basis.

Stay up-to-date on company profits through Investing.com earnings calendar

2023-09-06 14:39:38
#Akoustis #Tech #Earnings #Revenue #Expectations #Investing.com

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