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Akoustis Technologies (AKTSQ)
OTHER OTC:AKTSQ
Earnings Data
Report Date
May 12, 2025TBA (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments such as revenue growth, design wins in Wi-Fi 7, and cost reductions, but was offset by challenges including the sunset of a major Wi-Fi 6E program, significant operating losses, and substantial litigation risks.Company Guidance
Revenue Growth
Revenue increased 7% sequentially to $7.5 million, with filter-related revenue up 13% quarter-over-quarter.
Design Wins in Wi-Fi 7
Secured 9 design wins in Wi-Fi 7 AP platforms, indicating a positive trend towards ramping major Wi-Fi 7 programs.
CHIPS Act and Defense Contracts
Received updates on the CHIPS Act membership and funding, with active research programs and potential tax credits estimated between $2.8 million and $4 million.
Expense Reduction
Cash burn was reduced by 31% sequentially, with ongoing efforts expected to reduce the burn rate by an additional 30% in the next quarter.
AKTSQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AKTSQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 11, 2024 | $0.05 | $0.05 | 0.00% |
Aug 26, 2024 | $0.10 | $0.10 | 0.00% |
May 13, 2024 | $0.57 | $0.42 | -26.32% |
Feb 13, 2024 | $0.73 | $0.62 | -15.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Akoustis Technologies (AKTSQ) report earnings?
Akoustis Technologies (AKTSQ) is schdueled to report earning on May 12, 2025, TBA (Confirmed).
What is Akoustis Technologies (AKTSQ) earnings time?
Akoustis Technologies (AKTSQ) earnings time is at May 12, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AKTSQ EPS forecast?
Currently, no data Available