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Akoustis Technologies Q3 2024 Earnings Report

Akoustis Technologies EPS Results

Actual EPS
-$0.14
Consensus EPS
-$0.12
Beat/Miss
Missed by -$0.02
One Year Ago EPS
-$0.20

Akoustis Technologies Revenue Results

Actual Revenue
$7.51 million
Expected Revenue
$8.56 million
Beat/Miss
Missed by -$1.05 million
YoY Revenue Growth
N/A

Akoustis Technologies Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Akoustis Technologies Earnings Headlines

Akoustis Technologies Faces Delisting From Nasdaq Due to Non-Compliance
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Akoustis Technologies Files For Chapter 11 Bankruptcy
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About Akoustis Technologies

Akoustis Technologies (NASDAQ:AKTS), through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was founded in 2013 and is headquartered in Huntersville, North Carolina.

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