Emcore (EMKR) Reports Q2 Loss, Lags Revenue Estimates

Emcore (EMKR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 73.33%. A quarter ago, it was expected that this maker of components for communications gear and solar panels would post a loss of $0.20 per share when it actually produced a loss of $0.30, delivering a surprise of -50%.Over the la ...