Benzinga | Aug 30, 2021 07:04AM EDT

Akoustis Technologies Q4 Adj. EPS $(0.19) Misses $(0.16) Estimate, Sales $2.16M Miss $2.52M Estimate

Akoustis Technologies (NASDAQ:AKTS) reported quarterly losses of $(0.19) per share which missed the analyst consensus estimate of $(0.16) by 18.75 percent. This is unchanged from the same period last year. The company reported quarterly sales of $2.16 million which missed the analyst consensus estimate of $2.52 million by 14.40 percent. This is a 489.34 percent increase over sales of $366.00 thousand the same period last year.