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EMCORE Corporation
Trade EMKR

About EMCORE Corporation

EMCORE Corporation, founded in 1984 and based in Alhambra, California, specializes in developing advanced mixed-signal optoelectronic solutions. Its products are distributed worldwide, spanning the United States, Canada, Asia, and Europe. The company is structured into two principal divisions: Aerospace and Defense, and Broadband. Within its Aerospace and Defense segment, EMCORE delivers navigation and inertial sensing technology. This includes a range of fiber optic gyro products—such as gyroscopes, inertial measurement units (IMUs), and inertial navigation systems (INS)—as well as QMEMS gyroscopes, accelerometers, IMUs, and INS devices, primarily catering to aerospace and defense applications. This segment also offers defense optoelectronics, encompassing the Optiva platform for fiber optic transport systems, erbium-doped fiber amplifiers, robust microwave flange-mount transmitters, receivers, and optical delay line components. The Broadband segment provides a variety of optoelectronic components. These include cable TV (CATV) lasers and transmitters crucial for forward and return path broadband operations, subassembly components, analog fiber-optic transmitters, quadrature amplitude modulation (QAM) transmitters, and CATV fiber amplifiers. Additionally, EMCORE supplies high-power gain chips, photodiode products, and GPON fiber-to-the-premises (FTTP) and data center chip products, primarily for the telecommunications industry. The company's offerings also extend to lasers, receivers, and photodetector components utilized in wireless, distributed sensing, and Light Detection and Ranging (LiDAR) applications. EMCORE targets diverse markets including CATV, optical sensing, telecommunications, data centers, navigation, and defense optoelectronics. Its products reach customers through a combination of a direct sales force, application engineers, third-party sales representatives, and distributors.

CEO
Matthew Vargas
IPO Date
Mar 6, 1997

Market Data

OpenThe first traded price for the current trading session.
$3.09
HighThe highest traded price in the current trading session.
$3.11
LowThe lowest traded price in the current trading session.
$3.09
VolumeTotal shares traded during the current trading session.
120.4K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
136.4K
52W HighThe highest traded price over the past 52 weeks.
$4.11
52W LowThe lowest traded price over the past 52 weeks.
$0.7844

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$28.1M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$38.7M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
-$5.3M
RevenueTotal sales from the latest annual income statement.
$85.9M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
-$31.2M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$10.3M
DebtTotal debt from the latest balance sheet.
$20.9M

Events

EarningsAug 4

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