Akoustis Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 13, 2024 at 05:30 pm IST
Akoustis Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 7.02 million compared to USD 5.87 million a year ago. Net loss was USD 15.71 million compared to USD 11.16 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to USD 0.19 a year ago.
For the six months, sales was USD 14.02 million compared to USD 11.43 million a year ago. Net loss was USD 35.84 million compared to USD 30.25 million a year ago. Basic loss per share from continuing operations was USD 0.49 compared to USD 0.53 a year ago. Diluted loss per share from continuing operations was USD 0.49 compared to USD 0.53 a year ago.