Poet Technologies Inc Reports Results For The Quarter Ended June 30: Earnings Summary
POET Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
POET Technologies Inc POET.OQ reported a quarterly adjusted loss of 7 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -19 cents. The lone analyst forecast for the quarter was for a loss of 8 cents per share.
Revenue rose 112.7% to $570.00 thousand from a year ago; analysts expected $500.00 thousand.
POET Technologies Inc's reported EPS for the quarter was a loss of 7 cents.
The company reported a quarterly loss of $11.34 million.
POET Technologies Inc shares had fallen by 13.7% this quarter and gained 40.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 60% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"
Wall Street's median 12-month price target for POET Technologies Inc is $12.75, about 30.4% above its last closing price of $8.87
This summary was machine generated from LSEG data August 13 at 12:52 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.08 | -0.07 | Beat |
Mar. 31 2026 | -0.05 | -0.08 | Missed |
Dec. 31 2025 | -0.05 | -0.32 | Missed |
Sep. 30 2025 | -0.09 | -0.10 | Missed |
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