EMCORE Corporation designs and manufactures Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. EMCORE was the pioneer in linear fiber optic transmission technology, and today is a leader in optical components, as well as a provider of complete end-to-end solutions for high-speed communications network infrastructures, enabling systems and service providers to meet growing demand for bandwidth and connectivity. EMCORE’s advanced optical technologies are designed for cable television (CATV) and fiber-to-the-premise (FTTP) networks, telecommunications and data centers, satellite communications, aerospace and defense, wireless networks, and broadcast and professional audio/video systems. With its world-class InP semiconductor wafer fabrication facility, EMCORE has fully vertically-integrated manufacturing capability and also provides contract design, foundry and component packaging services. EMCORE has InP wafer fabrication operations at its headquarters in Alhambra, CA and ISO 9001 certified manufacturing in Alhambra and Langfang, China.

Type
Public
HQ
Alhambra, US
Founded
1984
Size (employees)
589 (est)+9%
Website
emcore.com
Emcore was founded in 1984 and is headquartered in Alhambra, US

Emcore Office Locations

Emcore has offices in Alhambra, Warminster and Langfang
Alhambra, US (HQ)
2015 Chestnut St
Warminster, US
150 1 Ivybrook Blvd

Emcore Data and Metrics

Emcore Financial Metrics

Emcore's revenue was reported to be $92 m in 2016 which is a 13% increase from the previous period.
Numbers are in $, USD

Revenue (Y, 2016)

92 m

Revenue growth (Y, 2015 - Y, 2016), %

13%

Gross profit (Y, 2016)

31 m

Gross profit margin (Y, 2016), %

34%

Net income (Y, 2016)

8.3 m

EBIT (Y, 2016)

2.9 m

Market capitalization (24-May-2017)

268.3 m

Closing share price (24-May-2017)

10.3

Cash (30-Sep-2016)

63.9 m
Emcore's current market capitalization is $268.3 m.
Numbers are in $, USDY, 2013Y, 2014Y, 2015Y, 2016

Revenue

168.1 m174.8 m81.7 m92 m

Revenue growth, %

4%(53%)13%

Cost of goods sold

139.9 m142.1 m53 m61 m

Gross profit

28.2 m32.7 m28.7 m31 m

Gross profit Margin, %

17%19%35%34%

Operating expense total

28 m51.8 m33.2 m28 m

EBIT

220 k(19.1 m)(4.5 m)2.9 m

EBIT margin, %

0%(11%)(6%)3%

Interest expense

800 k522 k75 k88 k

Interest income

75 k88 k

Pre tax profit

(19.2 m)

Income tax expense

(120 k)24.1 m2.2 m(14 k)

Net Income

5 m4.9 m63.1 m8.3 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

16.1 m20.7 m111.9 m63.9 m

Accounts Receivable

Inventories

9.4 m6.9 m5 m3.8 m

Current Assets

100.3 m103.9 m151.7 m111.2 m

PP&E

49.7 m45 m8.9 m12.2 m

Goodwill

20.4 m20.4 m

Total Assets

173.7 m191.3 m160.9 m127.2 m

Accounts Payable

19.6 m22.3 m7.2 m10.6 m

Current Liabilities

63.1 m73 m23.7 m18.3 m

Retained Earnings

(647.6 m)(642.8 m)(579.7 m)(571.4 m)

Total Equity

135.4 m107.3 m

Financial Leverage

1.2 x1.2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

5 m4.9 m63.1 m8.3 m

Accounts Receivable

(3.3 m)3.5 m(1.2 m)

Inventories

5.5 m(3.4 m)(11 m)

Accounts Payable

3.1 m(3.2 m)3.2 m

Cash From Operating Activities

1 m(3.9 m)(5.6 m)

Purchases of PP&E

(3 m)(2.8 m)(5.8 m)

Cash From Investing Activities

(3.3 m)165.3 m(4.4 m)

Cash From Financing Activities

6.6 m(70.3 m)(38.3 m)

Interest Paid

429 k194 k88 k

Income Taxes Paid

938 k124 k
Y, 2016

Financial Leverage

1.2 x

Emcore Market Value History

Emcore Online and Social Media Presence

Emcore Company Life and Culture

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