- Akoustis Technologies press release ( NASDAQ: AKTS ): Q1 Non-GAAP EPS of -$0.28 misses by $0.05 .
- Revenue of $5.57M (+199.5% Y/Y) beats by $0.01M .
- Ramp in XBAW Filter Revenue Expected to Continue in the Current Q2 FY23 with an Estimated Greater than 100% Year-Over-Year Revenue Increase
- Akoustis Now has Fifteen Customers in Production with Finished XBAW Filter Products
- Customer Activity Remains Robust with Expanding Pipelines in 5G Mobile, Wi-Fi CPE, 5G Infrastructure, Automotive, Timing Control and Other Markets
- Akoustis Is Ideally Positioned to Expand its Chip Manufacturing in Upstate New York, USA and Benefit from the Recently Passed CHIPS and Science Act of 2022
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Akoustis Technologies Non-GAAP EPS of -$0.28 misses by $0.05, revenue of $5.57M beats by $0.01M