Akoustis Technologies, Inc.

AKTS

US00973N1028

Electronic Equipment & Parts

Real-time Estimate Cboe BZX Other stock markets 02:36:26 2024-05-17 pm EDT			5-day change	1st Jan Change
0.358 ^USD	-10.03%		-34.57%	-55.43%

May. 14	B. Riley Adjusts Price Target on Akoustis Technologies to $0.75 From $1, Keeps Neutral Rating	MT
May. 13	Top Midday Decliners	MT

Akoustis Technologies, Inc. Reports Earnings Results for the Full Year Ended June 30, 2023

September 06, 2023 at 07:31 am EDT

Akoustis Technologies, Inc. reported earnings results for the full year ended June 30, 2023. For the full year, the company reported sales was USD 27.12 million compared to USD 15.35 million a year ago. Net loss was USD 63.56 million compared to USD 59.03 million a year ago.

Basic loss per share from continuing operations was USD 1 compared to USD 1.09 a year ago.

Latest news about Akoustis Technologies, Inc.

B. Riley Adjusts Price Target on Akoustis Technologies to $0.75 From $1, Keeps Neutral Rating	May. 14	MT
Top Midday Decliners	May. 13	MT
Transcript : Akoustis Technologies, Inc., Q3 2024 Earnings Call, May 13, 2024	May. 13
Earnings Flash (AKTS) AKOUSTIS Reports Q3 Revenue $7.5M, vs. Street Est of $8.6M	May. 13	MT
Akoustis Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	May. 13	CI
North American Morning Briefing : Stock Futures Rise as Hopes of Rate Cut Return	May. 06	DJ
Akoustis Technologies, Inc. Receives Two Design Wins with Tier-1 Network Infrastructure Customer	May. 01	CI
Certain Common Stock of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Certain Options of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Certain Restricted Stock Units of Akoustis Technologies, Inc. are subject to a Lock-Up Agreement Ending on 25-APR-2024.	Apr. 24	CI
Akoustis Technologies, Inc. Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM	Apr. 08	CI
Akoustis Technologies, Inc. Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications	Apr. 03	CI
Transcript : Akoustis Technologies, Inc., Q2 2024 Earnings Call, Feb 13, 2024	Feb. 13
Earnings Flash (AKTS) AKOUSTIS Reports Q2 Revenue $7M	Feb. 13	MT
Akoustis Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 13	CI
North American Morning Briefing : Stocks Seen Struggling Ahead of CPI Report	Feb. 13	DJ
Akoustis Technologies Gets Wi-Fi 7 Design Win From US-Based Carrier	Feb. 12	MT
Akoustis Technologies, Inc. Receives Wi-Fi 7 Design Win from Tier-1 US-Based Carrier	Feb. 12	CI
Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi Ap Solutions Provider	Feb. 08	CI
North American Morning Briefing : Rate Doubts Keep -2-	Feb. 06	DJ
B. Riley Trims Akoustis Technologies' PT to $1 From $1.75, Notes Share Raise Dilution, Lingering Profitability Concerns; Maintains Neutral Rating	Jan. 26	MT
Akoustis Technologies to Launch Public Offering of Common Shares	Jan. 25	MT
Akoustis Technologies, Inc. Receives Wi-Fi 7 Design Win from Tier-1 Enterprise Wi-Fi AP Provider	Jan. 10	CI
North American Morning Briefing : Bond Yields Rise -2-	Jan. 05	DJ
Piper Sandler Downgrades Akoustis Technologies to Neutral From Overweight, Adjusts PT to $1 From $2	Jan. 04	MT

Chart Akoustis Technologies, Inc.

Duration

Period

More charts

Company Profile

Akoustis Technologies, Inc. is a commercial product company. The Company operates through two segments: Fabrication Services and RF Filters. Its Fabrication Services segment consists of engineering review services and backend packaging services. Its RF Filters segment consists of amplifier and filter product sales. The Company develops RF filters for fifth generation (5G), wireless fidelity (WiFi) and defense bands through its resonator device models and product design kits (PDKs). It is focused on developing, designing, and manufacturing RF filter solutions for the wireless industry for products, including smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment (CPE), automotive, industrial and defense applications. The Company has developed a microelectromechanical system (MEMS) based bulk acoustic wave (BAW) technology. It is also engaged in providing back-end semiconductor supply chain services.

Sector

Electronic Equipment & Parts

Calendar

2024-06-15 - IEEE MTT-S International Microwave Symposium

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Akoustis Technologies, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.3979 USD

Average target price

1.4 USD

Spread / Average Target

+251.85%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Electronic Component

	1st Jan change	Capi.
AKOUSTIS TECHNOLOGIES, INC.	-55.43%	39.26M
AMPHENOL CORPORATION	+33.00%	79.11B
HON HAI PRECISION INDUSTRY CO., LTD.	+62.68%	73.92B
MURATA MANUFACTURING CO., LTD	-4.44%	34.26B
LUXSHARE PRECISION INDUSTRY CO., LTD.	-8.16%	31.58B
JABIL INC.	-10.00%	13.91B
AVIC JONHON OPTRONIC TECHNOLOGY CO.,LTD.	-4.82%	10.62B
LENS TECHNOLOGY CO., LTD.	+11.74%	10.05B
BYD ELECTRONIC (INTERNATIONAL) COMPANY LIMITED	-7.65%	9.78B
COHERENT CORP.	+33.40%	8.89B

Electronic Component