Akoustis (AKTS) Reports Q2 Loss, Tops Revenue Estimates

Akoustis (AKTS) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.56%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.27, delivering a surprise of -50%.Over the last four quarters, the company has not been able to ...