Akoustis reports third quarter fy24 results

Q3 revenue up 7% quarter-over-quarter filter-related revenue up 13% quarter-over-quarter, third highest in company history growth, cost savings initiatives, chips act itc refund support operating cash flow breakeven in next nine months robust customer activity in wi-fi ap, 5g infrastructure, defense, timing control, semiconductor back-end services company to host investor update call today at 8:00 am et charlotte, n.c., may 13, 2024 (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, today announced third fiscal quarter results for the period ended march 31, 2024.
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