Akoustis Technologies, Inc. (AKTS)
| Market Cap | 60.45M |
| Revenue (ttm) | 28.56M |
| Net Income (ttm) | -64.60M |
| Shares Out | 72.48M |
| EPS (ttm) | -0.95 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,051,452 |
| Open | 0.910 |
| Previous Close | 0.904 |
| Day's Range | 0.813 - 0.920 |
| 52-Week Range | 0.460 - 4.955 |
| Beta | 1.68 |
| Analysts | Buy |
| Price Target | 3.25 (+289.69%) |
| Earnings Date | Feb 6, 2024 |
About AKTS
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones... [Read more]
Financial Performance
In 2023, AKTS's revenue was $27.12 million, an increase of 76.68% compared to the previous year's $15.35 million. Losses were -$63.56 million, 7.67% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AKTS stock is "Buy." The 12-month stock price forecast is $3.25, which is an increase of 289.69% from the latest price.
News
Wi-Fi NOW Awards Akoustis and HPE Aruba Networking for Best Enterprise Wi-Fi Solution
Charlotte, N.C., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis Receives First Development Order from Leading Commercial Satellite Communications Company for Use of XBAW® Foundry Services
Number of Companies Utilizing XBAW® Foundry Services Increases to Four Launch of Akoustis' XBAW® Synthesizer Software as part of Foundry Services Foundry Focused on 2 to 20 GHz in Commercial and Defen...
Akoustis Awarded Phase 2 For DARPA COFFEE Program
Multi-Year, Multi-Million Dollar Phase 2 Award for Development of High Frequency 2-18 GHz XBAW® Filter Technology Award Invests in Development of Akoustis' Single-Crystal and XP3F Filter Technologies ...
Akoustis to Attend the 14th Annual Craig-Hallum Alpha Select Conference on November 16, 2023
Charlotte, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis Reports First Quarter FY24 Results
Q1 Revenue Up 26% Year-Over-Year, In-Line with Prior Guidance Guiding Revenue Flat in December Quarter, then 18 to 25% Growth with Record Revenue Projected in March Quarter Growth, Cost Savings Initia...
Akoustis Receives Purchase Order for Three BAW Filter Designs from 5G Mobile and Wi-Fi Router RF Front-End Customer
New Designs Developed Using Akoustis' Proprietary XBAW Foundry Process Customer Designed Filters to Target Wi-Fi 7 AP and China Mobile Markets Production Ramp Expected in First Half Calendar 2024 Char...
Akoustis Introduces Enhanced BAW RF Filter for Wi-Fi 6E & 7 Applications
A10765 Currently Sampling and Meets the Stringent Coexistence Requirements for 5 GHz U-NII 1-3 Bands Production Ramp Expected to Begin in the First Half of Calendar 2024 Charlotte, N.C., Sept. 29, 202...
Akoustis to Attend Wi-Fi World Congress North America 2023 Conference in Toronto from September 18-20
Charlotte, N.C., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BA...
Akoustis to Webcast Q4FY23 and Full Year Results on September 6 at 8:00 am ET
Charlotte, N.C., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis Sampling New Advanced Single-Crystal XBAW® Filter with Tier-1 Wi-Fi Customer
New Filter for Multiple Enterprise-Class Wi-Fi 7 Access Points with MU-MIMO Architectures Advanced Single-Crystal Material Delivers Improved Power Handling and Harmonics over Existing Poly-Crystal Mat...
Akoustis to Attend the 4th Annual Needham Virtual Semiconductor & SemiCap Conference on August 22, 2023
Charlotte, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis Launches State-of-the-Art XBAW® Foundry Services and AI-Enabled Engineering Design Software
Charlotte, N.C., June 13, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis to Exhibit and Present at the IEEE MTT-S International Microwave Symposium June 13-15
Akoustis to Present at WSP Workshop, Industry Showcase, IMS Technical Session, and Interactive Forum Booth Demonstrations Include Wi-Fi 6E & 7, Medical, and Automotive Filter Solutions including BAW F...
Akoustis Receives Two New Wi-Fi 6E Design Wins
Charlotte, N.C., May 24, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW)...
Akoustis to Attend Multiple Conferences in the June 2023 Quarter
Charlotte, N.C., May 17, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW)...
Akoustis Receives First Wi-Fi 7 Design Win from Leading Enterprise-Class Customer
Patented XBAW Filter Solutions Power Advanced, High-Speed MU-MIMO Wi-Fi Connectivity for Enterprise Applications Volume Production Expected to Ramp in the Second Half of Calendar 2023 Charlotte, N.C.,...
Akoustis to Webcast Q3FY23 Results on May 8 at 8:00 am ET
Charlotte, N.C., May 01, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW)...
Akoustis Enables New Line of Wi-Fi 6E Gateway Products for Tier-1 US-Based Service Provider
XBAW Filter Solutions Power Advanced, High-Speed 4 X 4 MU-MIMO Wi-Fi Connectivity for the Residential and Small Office Markets New Customer Products Will Support Full Use of the UNII 1-4 Bands and Ext...
Akoustis Introduces New C-V2X Filter Solution for the Automotive Market
Charlotte, N.C., April 11, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BA...
Akoustis Receives Development Order from New RF Front End Module Maker Customer
Huntersville, N.C., April 04, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave ...
Akoustis Appoints Michelle L. Petock, CEO of W Greig & Company, to its Board of Directors
Charlotte, N.C., March 23, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BA...
Akoustis to Attend the 35th Annual Roth Conference on March 13th, 2023
Charlotte, N.C., March 08, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BA...
Akoustis to Webcast Q2FY23 Results on February 7 at 8:00 am ET
Charlotte, N.C., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW...
Akoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares
Board and Management Purchased over $1 Million in Common Stock in the Oversubscribed Offering, Led by $900K Investment from Founder & CEO Jeff Shealy Board and Management Purchased over $1 Million in ...
Akoustis Announces Pricing of Public Offering of $30.0 Million of Common Stock
Charlotte, N.C., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (Nasdaq: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer of patented bulk acoustic wave (“BAW”) hi...