• POET Technologies Inc POET.OQ reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -10 cents to -7 cents per share.

• Revenue was $4.00 thousand​; analysts expected $60.00 thousand.

• POET Technologies Inc's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of $12.74 million.

• POET Technologies Inc shares had fallen by 13.5% this quarter and gained 310.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 5.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for POET Technologies Inc is 4.94

This summary was machine generated from LSEG data November 15 at 02:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)