POET Technologies Inc. (CVE:PTK – Get Rating) – Zacks Small Cap boosted their FY2022 earnings per share (EPS) estimates for POET Technologies in a research report issued to clients and investors on Monday, November 21st. Zacks Small Cap analyst L. Thompson now expects that the company will post earnings per share of ($0.77) for the year, up from their previous forecast of ($0.82). The consensus estimate for POET Technologies' current full-year earnings is ($0.76) per share. Zacks Small Cap also issued estimates for POET Technologies' Q4 2022 earnings at ($0.19) EPS and FY2023 earnings at ($0.78) EPS.
Get POET Technologies alerts:POET Technologies Stock Down 4.9 %
Shares of PTK opened at C$3.68 on Wednesday. The company has a current ratio of 5.22, a quick ratio of 5.08 and a debt-to-equity ratio of 2.63. POET Technologies has a 12 month low of C$3.26 and a 12 month high of C$13.65. The stock's 50 day moving average is C$3.85 and its two-hundred day moving average is C$5.37. The firm has a market cap of C$135.11 million and a P/E ratio of -5.95.
POET Technologies (CVE:PTK – Get Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported C($0.14) EPS for the quarter, beating the consensus estimate of C($0.20) by C$0.06. The business had revenue of C$0.30 million during the quarter, compared to analyst estimates of C$0.23 million.POET Technologies Company Profile
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POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods.
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