POET Technologies Inc. (NASDAQ:POET) Expected to Post Q2 2024 Earnings of ($0.09) Per Share

POET Technologies Inc. (NASDAQ:POET) – Equities researchers at Zacks Small Cap issued their Q2 2024 earnings per share estimates for POET Technologies in a report released on Monday, June 10th. Zacks Small Cap analyst L. Thompson forecasts that the company will post earnings of ($0.09) per share for the quarter. The consensus estimate for POET Technologies’ current full-year earnings is ($0.47) per share. Zacks Small Cap also issued estimates for POET Technologies’ Q3 2024 earnings at ($0.08) EPS, Q4 2024 earnings at ($0.08) EPS, FY2025 earnings at ($0.41) EPS and FY2026 earnings at $0.33 EPS.

POET Technologies (NASDAQ:POET) last announced its earnings results on Wednesday, May 15th. The company reported ($0.12) EPS for the quarter. The company had revenue of $0.01 million during the quarter.

POET Technologies Price Performance

Shares of NASDAQ:POET opened at $1.76 on Wednesday. POET Technologies has a 12 month low of $0.72 and a 12 month high of $5.88. The stock’s 50 day moving average price is $1.82 and its 200 day moving average price is $1.39.

POET Technologies Company Profile

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.