Akoustis Technologies

Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment is composed of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2023

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Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Akoustis reports record revenue and anticipates sequential growth opportunities

Akoustis reported strong revenue growth and expects further sequential growth, driven by its product portfolio and expansion efforts. The company is making significant progress in its defense and other business segments, while closely monitoring market dynamics and addressing challenges in the China mobile and WiFi markets. Akoustis is well-positioned for future growth opportunities, particularly in the automotive and small cell markets.

Akoustis Technologies achieves record revenue, eyes significant growth opportunities

Akoustis Technologies shows strong performance with record revenue and strategic market entries, aiming for cash flow breakeven and improved margins.
The company's focus on premium filters, market positioning in 5G and Wi-Fi segments, and proactive engagement present growth opportunities.
However, challenges like supply chain constraints and operational transitions require continuous innovation and strategic management.
Overall, Akoustis Technologies is poised for growth with a solid financial trajectory and market positioning in key technology segments.

Akoustis Technologies achieves record revenue, eyes growth opportunities ahead

Akoustis Technologies reports record revenue, progress in key markets, and ongoing challenges. Company anticipates continued growth, focusing on profitability and market engagement. Litigation and China market dynamics remain areas of attention.

Akoustis Technologies reports record sales, anticipates revenue challenges ahead

Akoustis Technologies continues its strong sales performance but faces near-term revenue challenges. Despite the expected revenue decline in the September quarter, the company is optimistic about future growth opportunities in WiFi technology and automotive markets. Operating cash flow breakeven is targeted for the October 2024 quarter.

Akoustis Technologies reports Q1 revenue dip but eyes growth

Akoustis Technologies navigated a mixed Q1 2024 with revenue fluctuations but anticipates growth ahead.
Focused on expense reduction, cash flow improvement, and margin enhancement to achieve breakeven.
Eyeing revenue diversification and market expansion to drive profitability and engage Tier-1 customers.
Strategic cost management and product innovation key to future success and margin growth.

Akoustis Technologies reports strong Q2 revenue growth and pursues market opportunities

Akoustis Technologies delivered solid Q2 results, with a focus on revenue growth, expense reduction, and IP protection. The company is poised for growth in key markets and is actively pursuing opportunities to strengthen its financial position and market presence amidst ongoing legal challenges.

Akoustis Technologies reports revenue growth and pursues Wi-Fi 7 opportunities

Akoustis Technologies demonstrated revenue growth and technological advancements in Q3 2024, despite recording net losses per share.
The company faces challenges related to customer concentration, profitability, and transitioning programs, but is actively pursuing opportunities in Wi-Fi 7, defense markets, and operational efficiency.
With a focus on diversification, cost management, and market expansion, Akoustis Technologies aims to achieve operating cash flow breakeven within the next 9 months and capitalize on the potential for growth in advanced wireless technologies.
Strategic initiatives, design wins, and financial support position the company for future success, highlighting its potential for market leadership and innovation in the semiconductor industry.

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Akoustis Technologies, Inc. is a filter solutions company, which engages in the provision of development, design, and manufacture of radio frequency (RF) filter products. It operates through the Fabrication Services and RF Filters segments. The Fabrication Services segment is composed of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.

Akoustis Technologies, Inc. (AKTS) CEO Jeff Shealy on Q1 2022 Results - Earnings Call Transcript

Akoustis Technologies Inc (NASDAQ: AKTS) reported first-quarter FY22 revenue growth of 193.7% year-on-year to $1.87 million, missing the consensus of $2.01 million. The company's previous revenue guidance was $2.0 million.

Akoustis Clocks 194% Revenue Growth In Q1, Forges XBAW Filter Deal With New Customer

Company's XBAW Filters Chosen for Its High Q BAW Technology Expected to Address Difficult Tx/Rx Coexist Requirements

Akoustis Adds Third Mobile Customer

Q1FY22 Revenue of $1.9M Representing an Increase of Nearly 300% Year-Over-Year

Akoustis Reports Fiscal First Quarter 2022 Results

Akoustis (AKTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Akoustis (AKTS) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Akoustis Technologies Inc (NASDAQ: AKTS) acquired a 51% majority ownership position of RFM Integrated Device, Inc. (RFMi), with the right to purchase the remaining 49% in 2022. Akoustis paid $6.0 million in cash and $2.5 million in stock to Tai-Saw Technologies Co, Ltd (TST) for 51% of RFMi's stock.

Akoustis Buys Majority Ownership Position In RFM Integrated Device

﻿Charlotte, N.C., Oct. 18, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it is acquiring a 51% majority ownership position of RFM Integrated Device, Inc. (“RFMi”), with the right to purchase the remaining 49% in 2022.

Akoustis Acquires Majority Ownership Position of RFM Integrated Device, Inc., a Fabless Supplier of Acoustic Wave RF Resonators and Filters

Company Developing Resonators for Timing RF Component Customer

Akoustis Entering Timing and Frequency Reference Market with Ultra-High Frequency XBAW Resonators

Charlotte, N.C., Sept. 10, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that senior management will attend the 23rd Annual HC Wainwright Global Investment Conference on Tuesday, September 14, 2021.

Akoustis to Attend the 23rd Annual HC Wainwright Global Investment Conference on September 14, 2021

(Akoustis Technologies:AKTS) stock rose by 8.77% after the company reported their Q4 earnings results on Monday, August 30, 2021 at 07:01 PM. Here's what investors need to know about the announcement.

Akoustis Technologies: Q4 Earnings Insights

Akoustis Technologies' (AKTS) fiscal fourth-quarter results reflect negative impact from coronavirus headwinds. However, strength in the Wi-Fi filter business acted as a tailwind.

Akoustis' (AKTS) Q4 Loss Wider Than Estimates, Revenues Miss

Akoustis Technologies' (AKTS) CEO Jeff Shealy on Q4 2021 Results - Earnings Call Transcript

Akoustis Technologies Inc (NASDAQ: AKTS) reported fourth-quarter FY21 revenue growth of 489.3% year-on-year to $2.16 million, missing the analyst consensus of $2.52 million. Filter Product Revenue increased 440% Y/Y and 68% sequentially.

Akoustis Misses On Q4 Earnings, Ships First 5G Mobile WLP Filter

Company Delivers First of Two Filters for its 5G Mobile Customer

Akoustis Ships First 5G Mobile WLP Filters to Tier-1 RF Component Company

Fiscal 2021 Annual Revenue of $6.6M Representing an Increase of 270% Year-Over-Year

Akoustis Reports Fiscal Fourth Quarter and Full Year Results

Akoustis Technologies (NASDAQ: AKTS) shares are trading higher after the company announced it received a volume commercial order for its patented WiFi 6 XBAWTM filters from its second WiFi 6 OEM customer. The company said thr first shipments will begin in the current quarter.

Why Shares Of Akoustis Technologies Soared Today

Akoustis Technologies Inc (NASDAQ:AKTS) won a volume commercial order for its patented WiFi 6 XBAW filters from its second WiFi 6 OEM customer. The financial terms of the order remain undisclosed.

Akoustis Shares Jump On Volume Order Win For WiFi 6 XBAW Filters

Charlotte, N.C., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has received a volume commercial order for its patented WiFi 6 XBAWTM filters from its second WiFi 6 OEM customer. Akoustis' 5.2 GHz and 5.6 GHz WiFi 6 filters have been designed into a new enterprise-class router platform.

Akoustis Receives Volume Commercial Order for WiFi 6 XBAW Filters

5.5 GHz and 6.5 GHz XBAW Coexistence Filter Solutions for Carrier-Grade OEM

Akoustis Receives WiFi 6E Design Win for MU-MIMO Gateway

Akoustis is attempting to disrupt the large 4G/5G, Wifi, and defense RF filter markets with its innovative and patented XBAW filter designs. AKTS's XBAW filters have superior power, size, speed, and frequency response metrics as compared to existing filter designs.

Akoustis Technologies Is Disrupting The Global RF-Filter Market

Cheema Will Lead Akoustis' 5G Mobile and Multi-Chip-Module Development, as well as Assist in Deploying Wafer-Level Packaging into Mobile Products, Including 5G Smartphones Cheema Will Lead Akoustis' 5G Mobile and Multi-Chip-Module Development, as well as Assist in Deploying Wafer-Level Packaging into Mobile Products, Including 5G Smartphones

Kamran Cheema Joins Akoustis as Vice President of Engineering

Will Akoustis (AKTS) Report Negative Q4 Earnings? What You Should Know

Qorvo

Skyworks Solutions

The pandemic-induced work-from-home wave and accelerated deployment of 5G enhance the prospects for the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS), Qorvo (QRVO) and Akoustis Technologies (AKTS).

3 Radio Frequency Stocks to Tap on Increasing Demand for 5G

Charlotte, N.C., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that senior management will attend the 24th Annual Oppenheimer Technology, Internet and Communications Conference which will take place virtually on August 9-11, 2021.

Akoustis to Present at the 24th Annual Oppenheimer Technology, Internet and Communications Conference on August 9, 2021 at 1:15 pm ET

Akoustis 3.6 GHz XBAW Filter to be Used in Base Station and CPE End User Devices

News for Akoustis Technologies Stock (AKTS)