POET Technologies (NASDAQ:POET - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $0.39 million for the quarter.
POET Technologies (NASDAQ:POET - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.17. The business had revenue of $0.17 million for the quarter, compared to analyst estimates of $0.56 million. On average, analysts expect POET Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
POET Technologies Stock Performance
Shares of NASDAQ:POET traded up $0.13 during mid-day trading on Friday, reaching $5.49. 1,142,691 shares of the company's stock were exchanged, compared to its average volume of 2,723,298. The firm has a market capitalization of $497.39 million, a price-to-earnings ratio of -7.42 and a beta of 0.32. The business's fifty day moving average price is $5.34 and its 200-day moving average price is $4.60. POET Technologies has a twelve month low of $2.44 and a twelve month high of $7.79.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of POET Technologies from a "strong sell" rating to a "hold" rating in a report on Thursday, May 22nd.
Read Our Latest Stock Report on POET Technologies
About POET Technologies
(
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POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.
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