Akoustis Technologies

Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment is composed of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Akoustis reports record revenue and anticipates sequential growth opportunities

Akoustis reported strong revenue growth and expects further sequential growth, driven by its product portfolio and expansion efforts. The company is making significant progress in its defense and other business segments, while closely monitoring market dynamics and addressing challenges in the China mobile and WiFi markets. Akoustis is well-positioned for future growth opportunities, particularly in the automotive and small cell markets.

Akoustis Technologies achieves record revenue, eyes significant growth opportunities

Akoustis Technologies shows strong performance with record revenue and strategic market entries, aiming for cash flow breakeven and improved margins.
The company's focus on premium filters, market positioning in 5G and Wi-Fi segments, and proactive engagement present growth opportunities.
However, challenges like supply chain constraints and operational transitions require continuous innovation and strategic management.
Overall, Akoustis Technologies is poised for growth with a solid financial trajectory and market positioning in key technology segments.

Akoustis Technologies achieves record revenue, eyes growth opportunities ahead

Akoustis Technologies reports record revenue, progress in key markets, and ongoing challenges. Company anticipates continued growth, focusing on profitability and market engagement. Litigation and China market dynamics remain areas of attention.

Akoustis Technologies reports record sales, anticipates revenue challenges ahead

Akoustis Technologies continues its strong sales performance but faces near-term revenue challenges. Despite the expected revenue decline in the September quarter, the company is optimistic about future growth opportunities in WiFi technology and automotive markets. Operating cash flow breakeven is targeted for the October 2024 quarter.

Akoustis Technologies reports Q1 revenue dip but eyes growth

Akoustis Technologies navigated a mixed Q1 2024 with revenue fluctuations but anticipates growth ahead.
Focused on expense reduction, cash flow improvement, and margin enhancement to achieve breakeven.
Eyeing revenue diversification and market expansion to drive profitability and engage Tier-1 customers.
Strategic cost management and product innovation key to future success and margin growth.

Akoustis Technologies reports strong Q2 revenue growth and pursues market opportunities

Akoustis Technologies delivered solid Q2 results, with a focus on revenue growth, expense reduction, and IP protection. The company is poised for growth in key markets and is actively pursuing opportunities to strengthen its financial position and market presence amidst ongoing legal challenges.

Akoustis Technologies reports revenue growth and pursues Wi-Fi 7 opportunities

Akoustis Technologies demonstrated revenue growth and technological advancements in Q3 2024, despite recording net losses per share.
The company faces challenges related to customer concentration, profitability, and transitioning programs, but is actively pursuing opportunities in Wi-Fi 7, defense markets, and operational efficiency.
With a focus on diversification, cost management, and market expansion, Akoustis Technologies aims to achieve operating cash flow breakeven within the next 9 months and capitalize on the potential for growth in advanced wireless technologies.
Strategic initiatives, design wins, and financial support position the company for future success, highlighting its potential for market leadership and innovation in the semiconductor industry.

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Akoustis Technologies, Inc. is a filter solutions company, which engages in the provision of development, design, and manufacture of radio frequency (RF) filter products. It operates through the Fabrication Services and RF Filters segments. The Fabrication Services segment is composed of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.

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