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

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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.

Charlotte, N.C., July 14, 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 development order for a WiFi 6E diplexer from a tier-1 personal computing chipset maker. The diplexer will leverage Akoustis' industry leading XBAW® WiFi 6E filter technology with first samples expected to ship by Q1 calendar 2022.

Akoustis Receives Volume Development Order from Tier-1 PC Chipset Company for a WiFi 6E Diplexer

Akoustis Technologies Inc (NASDAQ: AKTS) inked a foundry agreement with a mobile RF front-end customer to produce XBAW® filters for 5G mobile handsets and other wireless devices. Akoustis will use its patented and proprietary XBAW® process at its Canandaigua, NY fab.

Akoustis Technologies Marks Foundry Agreement Debut With 5G Mobile RF Front-End Customer

Akoustis to Produce Filters for 5G Mobile Smartphones and Other Devices

Akoustis Signs First Foundry Agreement with 5G Mobile RF Front-End Customer

Tandem 5.5 GHz and 6.5 GHz XBAW Filter Solutions for WiFi 6E MU-MIMO Router

Akoustis Receives WiFi 6E Design Win from New Tier-1 Customer

Charlotte, N.C., June 03, 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 its CEO & founder, Jeff Shealy, is scheduled to be a guest on the Fox Business Network's show, The Claman Countdown , today at 3:30 pm EDT.

Akoustis CEO & Founder, Jeff Shealy, Scheduled to Appear on Fox Business Network's The Claman Countdown Today at 3:30 pm ET

– Senator Schumer's Recently Introduced U.S. Innovation and Competition Act Would Provide $52 Billion in Funding to Implement Semiconductor-Related Manufacturing and R&D Programs –

U.S. Senate Majority Leader Charles E. Schumer to Speak Today at Akoustis Technologies' Semiconductor Wafer Fab in Upstate New York

Charlotte, N.C., June 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 Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021.

Akoustis to Present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021 at 8:00 am ET

Charlotte, N.C., May 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 16th Annual Needham Virtual Technology & Media Conference on May 17-18, 2021.

Akoustis to Present at the 16th Annual Needham Virtual Technology & Media Conference on May 18, 2021 at 8:00 am ET

Charlotte, N.C., May 05, 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 6th Annual Oppenheimer Emerging Growth Conference on May 11, 2021.

Akoustis to Attend the 6th Annual Oppenheimer Emerging Growth Conference on May 11, 2021

Akoustis (AKTS) delivered earnings and revenue surprises of 28.57% and 11.87%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Akoustis (AKTS) Reports Q3 Loss, Tops Revenue Estimates

New Packaging Solution Addresses the Small Form Factor Requirements for 5G Mobile and WiFi 6E Devices

Akoustis Locks Process Flow for Second Wafer Level Package for XBAW Filters

Revenue Increased 92% Sequentially - 11% Above Analyst Consensus

Akoustis Reports Record Third Quarter Fiscal 2021 Revenue

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.

Analysts Estimate Akoustis (AKTS) to Report a Decline in Earnings: What to Look Out for

Charlotte, N.C., April 26, 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, will host an investor update call to provide a business update and outlook on Monday, May 3, 2021 at 8:00 a.m. Eastern Time. Management will host a question-and-answer session at the end of the call.

Akoustis to Webcast Investor Update Call on May 3rd at 8:00 am ET

Charlotte, N.C., April 05, 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 its leading XBAW® WiFi 6E coexistence filter solutions have been approved for use in multiple reference designs by a second tier-1 system-on-chip (SoC) maker.

Akoustis Filters Approved for Use in Multiple WiFi 6E Designs by 2nd Tier-1 SoC Vendor

New SoC Customer Will Create a One-to-Many Sales Opportunity for XBAW WiFi 6E Coexistence Solution

Akoustis Secures WiFi 6E Reference Design with Tier 1 WiFi SoC Vendor

Management Will Webcast a Fireside Chat at 11:00 am ET

Akoustis to Present at the 33rd Annual Roth Conference Today

Charlotte, N.C., March 08, 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 both indentures associated with its Convertible Notes (as defined below) have been discharged and all associated liens have been released.

Akoustis Announces Discharge of Indentures Associated with Convertible Notes

Akoustis Technologies' proprietary RF filter designs is penetrating into the huge 5G mobile/infrastructure, WiFi, and defense markets.

Akoustis: Proprietary RF Filter Designs Are Penetrating Huge 5G/WiFi-6E Markets

Charlotte, N.C., March 04, 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 Loop Capital 2021 Consumer, Industrials & TMT Investor Conference, which is being held virtually between March 11-12, 2021.

Akoustis to Present at the Loop Capital 2021 Consumer, Industrials & TMT Investor Conference on March 11-12

Charlotte, N.C., March 04, 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 Tenth Annual Susquehanna Technology Conference which is being held virtually between March 9-11, 2021.

Akoustis to Present at the Tenth Annual Susquehanna Technology Conference March 9-11, 2021

Company's 3.6 GHz XBAW Filter Enables Selectivity in Last-Mile Wireless Connectivity Solution Using Recently Auctioned CBRS Bands

Akoustis Awarded New Design Win for XBAW Filters from New CBRS Customer

New Capital Strengthens Balance Sheet with Cash Reserves for General Corporate Purposes Including Additional Capacity Expansion.

Akoustis Announces $35.6 Million of New Equity Financing

Akoustis Technologies (AKTS) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Akoustis Technologies (AKTS) Enters Overbought Territory

– New Packaging Solution Addresses Small Form Factor Requirements for 5G Mobile Devices –

News for Akoustis Technologies Stock (AKTS)