Benzinga | May 3, 2021 07:08AM EDT

Akoustis Technologies Q3 EPS $(0.15) Beats $(0.28) Estimate, Sales $2.52M Beat $2.25M Estimate

Akoustis Technologies (NASDAQ:AKTS) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.28) by 46.43 percent. This is a 16.67 percent increase over losses of $(0.18) per share from the same period last year. The company reported quarterly sales of $2.52 million which beat the analyst consensus estimate of $2.25 million by 11.87 percent. This is a 593.39 percent increase over sales of $363.00 thousand the same period last year.