Benzinga | Jan 31, 2022 07:04AM EST

Akoustis Technologies Q2 EPS $(0.23) Misses $(0.20) Estimate, Sales $3.70M Miss $3.78M Estimate

Akoustis Technologies (NASDAQ:AKTS) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.20) by 15 percent. This is a 4.55 percent decrease over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $3.70 million which missed the analyst consensus estimate of $3.78 million by 2.12 percent. This is a 182.87 percent increase over sales of $1.31 million the same period last year.