POET missed EPS expectations by 569.93%
Apr 11, 2025, 10:33 AM
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What does POET do
POET Technologies, based in Toronto, designs and manufactures optoelectronic solutions, including the Optical Interposer for integrating electronic and photonic devices. The company went public on June 26, 2007, and serves various markets, including AI and IoT.
POET Technologies (POET) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, POET Technologies's actual EPS was -$0.41, missing the estimate of -$0.06 per share, resulting in a -569.93% surprise.
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