Akoustis reports second quarter fy24 results

Q2 revenue up 20% year-over-year, in-line with prior guidance guiding record quarterly revenue for the march quarter—up 18 to 25% sequentially growth, cost savings initiatives, chips act itc refund support operating cash flow breakeven in december quarter 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., feb. 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 second fiscal quarter results for the period ended december 31, 2023.
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