Investing.com - Akoustis Tech (NASDAQ: AKTS) reported third quarter EPS of $-0.2600, $0.14 worse than the analyst estimate of $-0.1200. Revenue for the quarter came in at $7.51M versus the consensus estimate of $8.55M.
Akoustis Tech's stock price closed at $0.57. It is down -16.0900% in the last 3 months and down -78.8000% in the last 12 months.
Akoustis Tech saw 4 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Akoustis Tech's stock price’s past reactions to earnings here.
According to InvestingPro, Akoustis Tech's Financial Health score is "weak performance".
Check out Akoustis Tech's recent earnings performance, and Akoustis Tech's financials here.
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