EMCORE Sees Q4 2023 Revenue $25M-$27M Vs $27.07M Est
Portfolio Pulse from Benzinga Newsdesk
EMCORE Corporation has projected its Q4 2023 revenue to be between $25M and $27M, which is lower than the estimated $27.07M.
August 08, 2023 | 9:32 pm
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NEGATIVE IMPACT
EMCORE Corporation's projected Q4 2023 revenue is lower than the estimated $27.07M, which could negatively impact its stock price.
EMCORE Corporation's projected revenue for Q4 2023 is lower than the estimated $27.07M. This shortfall in projected revenue could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100