Benzinga | Jan 31, 2022 07:20AM EST

Akoustis Technologies: Q2 Earnings Insights



Akoustis Technologies (NASDAQ:AKTS) reported its Q2 earnings results on Monday, January 31, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Akoustis Technologies missed estimated earnings by 15.0%, reporting an EPS of $-0.23 versus an estimate of $-0.20, which surprised analysts.

Revenue was up $2.36 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01, which was followed by a 0.53% increase in the share price the next day.



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This article was generated by Benzinga's automated content engine and reviewed by an editor.