Meta Materials Q3 2023 Earnings Report

Meta Materials EPS Results

• Actual EPS: -$0.02
• Consensus EPS: -$0.02
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Meta Materials Revenue Results

• Actual Revenue: $2.20 million
• Expected Revenue: $2.50 million
• Beat/Miss: Missed by -$300.00 thousand
• YoY Revenue Growth: N/A

Meta Materials Announcement Details

• Quarter: Q3 2023
• Date: 11/13/2023
• Time: N/A

Meta Materials (NASDAQ:MMAT) manufactures and sells various functional materials and nanocomposites. The company products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical component; and glucoWISE, a non-invasive glucose monitoring. It also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding. In addition, the company develops NPORE, a ceramic nanoporous membrane separator for lithium-ion batteries. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. is headquartered in Dartmouth, Canada.