Akoustis Technologies Inc. reported second-quarter FY22 revenue growth of 96 percent quarter-on-quarter to $3.67 million, missing the consensus of $3.78 million. “Despite the ongoing macro headwinds presented by both COVID and semi-conductor supply chain shortages, Akoustis was able to achieve record revenue and unit growth in the December quarter and we expect that growth to continue….
Akoustis Clocks 96 Percent Sequential Revenue Growth in Q2; Issues Positive Q3 Outlook
Akoustis Pockets Purchase Order From New Tier-1 Mobile Customer
Akoustis Technologies Inc. won a purchase order from a new customer to develop a 5G mobile XBAW filter. The financial terms of the deal remain undisclosed. The new customer is a multi-billion-dollar tier-1 module maker that plans to use Akoustis’ patented XBAW technology to deliver 5G mobile modules in challenging bands above 2GHz. Akoustis is an integrated…
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