| Author | Message | ||
     Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3372 Registered: 05-2011 Posted From: 65.35.45.47 Rating: N/A |
EMKR is a provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets. Its components and systems support a broad array of applications including navigation and inertial sensing, defense optoelectronics, broadband transport, 5G wireless infrastructure, optical sensing, and cloud data centers. The company posted solid Q4 (Sep) results with a 23% sequential increase in revenue to $33.5 mln. EMKR has been having some supply chain issues since the pandemic started, but there was some improvement in SepQ with only a modest number of challenges in the supply chain throughout Asia. In terms of its individual business areas, Cable TV demand in SepQ drove strong performance in the Broadband unit. MSOs continue to invest in their networks to break bottlenecks created by bandwidth demands for work-at-home and stay-at-home entertainment. Its Cable TV products segment has a strong order book well into JunQ of 2021. In Aerospace & Defense, its QMEMS and Defense Opto led a quarter where revenue was up 3%. Looking ahead to Q1 (Dec), EMKR is expecting to see a strong performance from Cable TV, QMEMS, and its Defense Optoelectronic product lines. |