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Solar Stock Trading Alert: EMCORE (NASDAQ:EMKR) Gains over 12%

Category: Investment, Renewable Energy

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News about EMCORE Corporation

Point Roberts, WA - February 6, 2013 Investorideas.com staff: (Investorideas.com renewable energy newswire) Investorideas.com, an investor research portal specializing in sector research for independent investors issues a trading alert for solar stock EMCORE Corporation (NasdaqGM :EMKR), trading up at $6.52, gaining 0.71 or 12.22% as of 11:22AM EST on over 400,000 shares.

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Yesterday the company reported its financial results for its fiscal first quarter ended December 31, 2012.

Consolidated revenue for the first quarter ended December 31, 2012 was $49.3 million, which represents a 31.7% increase compared to the prior year and 3.8% increase from the immediate preceding quarter. On a segment basis, revenue for our Fiber Optics segment was $29.7 million, which represents a 62.1% increase compared to the prior year and 1.4% decrease compared to the immediate preceding quarter. Revenue for the Photovoltaics segment was $19.6 million, which represents a 2.5% increase compared to the prior year and 12.8% increase compared to the immediate preceding quarter.

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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



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