POET Applied sciences Inc. (POETF) Stories Q3 Loss, Lags Income Estimates

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POET Applied sciences Inc. (POETF) Stories Q3 Loss, Lags Income Estimates

POET Applied sciences Inc. (POETF) got here out with a quarterly lack of $0.01 per share in keeping


POET Applied sciences Inc. (POETF) got here out with a quarterly lack of $0.01 per share in keeping with the Zacks Consensus Estimate. This compares to lack of $0.02 per share a yr in the past. These figures are adjusted for non-recurring objects.

1 / 4 in the past, it was anticipated that this firm would publish a lack of $0.01 per share when it truly produced a lack of $0.01, delivering no shock.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

POET Applied sciences Inc.Which belongs to the Zacks Electronics – Semiconductors business, posted zero revenues for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 100%. This compares to year-ago revenues of $0.91 million. The corporate has not been in a position to beat consensus income estimates during the last 4 quarters.

The sustainability of the inventory’s instant value motion primarily based on the recently-released numbers and future earnings expectations will largely rely upon administration’s commentary on…



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