Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
04 June 2015Website:
http://akoustis.comNext earnings report:
20 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:57:42 GMTDividend
Analysts recommendations
Institutional Ownership
AKTS Latest News
Charlotte, N.C., July 09, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that the Company has received $8M in new orders from a Tier-1 customer to satisfy the customer's demand for four Wi-Fi Access Points (AP), which are either currently in production or ramping into production in the second half of calendar year 2024.
The accelerated deployment of 5G is enhancing the prospects of the Zacks Semiconductors - Radio Frequency industry players like RF Industries (RFIL) and Akoustis Technologies (AKTS) despite challenging macroeconomic conditions.
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Charlotte, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (Nasdaq: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 50,000,000 shares of the Company's common stock (or common stock equivalents) at a purchase price of $0.20 per share of common stock (or common stock equivalent) in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.
Akoustis Technologies (NASDAQ: AKTS ) stock is rocketing higher on Wednesday alongside the rollout of design updates from the radio frequency ( RF ) filter manufacturing company. Akoustis Technologies notes that it has redesigned its XBAW manufacturing process.
Akoustis reported a quarterly loss of $0.14 per share, slightly higher than the expected loss of $0.12 per share according to the Zacks Consensus Estimate. This is an improvement from the loss of $0.20 per share reported in the same quarter last year.
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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.
Akoustis Technologies, Inc. (AKTS) Q2 2024 Earnings Call Transcript
What type of business is Akoustis Technologies?
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the wireless industry in the Americas, Asia, Europe, and internationally. It operates in two segments, Fabrication Services and RF Filters. The Fabrication Services segment provides engineering review and backend packaging services. The RF Filters segment sells amplifier and filter products. It offers RF filters for the wireless industry, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company also sells complementary surface acoustic wave resonators, crystal (Xtal) resonators and oscillators, and ceramic products; and provides back-end semiconductor supply chain services. Akoustis Technologies, Inc. is headquartered in Huntersville, North Carolina.
What sector is Akoustis Technologies in?
Akoustis Technologies is in the Technology sector
What industry is Akoustis Technologies in?
Akoustis Technologies is in the Communication Equipment industry
What country is Akoustis Technologies from?
Akoustis Technologies is headquartered in United States
When did Akoustis Technologies go public?
Akoustis Technologies initial public offering (IPO) was on 04 June 2015
What is Akoustis Technologies website?
https://akoustis.com
Is Akoustis Technologies in the S&P 500?
No, Akoustis Technologies is not included in the S&P 500 index
Is Akoustis Technologies in the NASDAQ 100?
No, Akoustis Technologies is not included in the NASDAQ 100 index
Is Akoustis Technologies in the Dow Jones?
No, Akoustis Technologies is not included in the Dow Jones index
When was Akoustis Technologies the previous earnings report?
No data
When does Akoustis Technologies earnings report?
The next expected earnings date for Akoustis Technologies is 20 November 2024