Emcore CORP

Market Movers (8-K)

EMCORE Corporation finalizes its merger with Velocity One Holdings, resulting in the company becoming a wholly-owned subsidiary and ceasing its listing on the Nasdaq Stock Market.
EMCORE Corporation announces its fiscal 2025 first quarter results, highlighting improved gross profit margins and positive Adjusted EBITDA despite a GAAP earnings loss.
Worse than expected
EMCORE Corporation announced positive cash flow of $1.8 million and a 6% sequential increase in revenue for the fourth quarter of fiscal year 2024, driven by a successful restructuring plan.
Better than expected
EMCORE Corporation has entered into a merger agreement to be acquired by Velocity One Holdings for $3.10 per share in cash.
Worse than expected
Capital raise
EMCORE Corporation has confirmed receiving an unsolicited, non-binding proposal from Mobix Labs to acquire all outstanding shares for $3.80 per share in cash.
EMCORE Corporation has amended its Q3 2024 earnings report to reflect changes in warrant accounting, while also reporting strong revenue growth and progress in cost reduction efforts.
Better than expected

Quarterly Earnings (10-Q)

EMCORE Corporation's Q1 2025 revenue decreased by 20% year-over-year to $19.3 million, with a net loss of $5.5 million, as the company progresses towards a merger with Velocity One Holdings, LP.
Worse than expected
EMCORE Corporation's Q3 2024 results reflect ongoing restructuring efforts and a strategic focus on inertial navigation, with a significant revenue decrease and operating loss.
Worse than expected
Capital raise
EMCORE Corporation's Q2 2024 results reflect a period of significant transition, including strategic divestitures and financial restructuring, as the company focuses on its inertial navigation business.
Worse than expected
Capital raise
EMCORE Corporation's Q1 2024 results show revenue growth and improved gross profit, alongside ongoing restructuring efforts and a focus on the Inertial Navigation business.
Better than expected
Capital raise

Annual Reports (10-K)

EMCORE Corporation reports a challenging fiscal year marked by significant losses and restructuring efforts, while also announcing a merger agreement.
Capital raise
Worse than expected

Insider Trading (Form 4)

Director Jeffrey J. Roncka reports the disposal of EMCORE Corp shares due to the company's merger with Velocity One Holdings, LP, resulting in a cash payment of $3.10 per share.
Director David Rogers reports the disposal of EMCORE Corporation shares due to the merger with Velocity One Holdings, LP, where each share was converted into $3.10 in cash.
Director Bruce Grooms reports the disposal of EMCORE Corporation shares following the company's merger with Velocity One Holdings, LP, where each share was converted into $3.10 in cash.
Director Cletus C. Glasener reports the disposition of EMCORE Corporation shares due to the merger with Velocity One Holdings, LP, where each share was converted to \$3.10 in cash.
Thomas P. Minichiello, CFO of EMCORE Corporation, reports the disposal of shares and restricted stock units due to the company's merger with Velocity One Holdings, LP.
Matthew Vargas, Interim CEO of EMCORE Corporation, reports the disposal of shares and derivative securities following the company's merger with Velocity One Holdings, LP on February 28, 2025.

Proxy Statements (Def-14A)

EMCORE Corporation released a supplement to its proxy statement for the special meeting of shareholders concerning the proposed merger with Velocity One Holdings, LP, addressing shareholder lawsuits alleging omissions and misstatements in the original proxy statement.
EMCORE Corporation has agreed to be acquired by Velocity One Holdings for $3.10 per share in cash, pending shareholder approval at a special meeting on February 27, 2025.
Capital raise
EMCORE Corporation announced it will be acquired by Velocity One Holdings, LP for $3.10 per share in cash, pending shareholder approval and customary closing conditions.
EMCORE Corporation has entered into a merger agreement with Velocity One Holdings, a newly formed aerospace manufacturing holding company, for $3.10 per share in cash.
Worse than expected
Capital raise