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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Earnings data Q2 2025

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.

Technology Qualification of Akoustis' Internally Developed and Manufactured WLP Complete

Akoustis Completes Qualification of First Wafer-Level-Packages for 5G Mobile & Other Markets

Charlotte, N.C., Nov. 21, 2022 (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 that it has joined the Wi-Fi NOW industry association as an Official RF Filter Partner, alongside major thought leaders including Cisco, Eero, Linksys, Intel, Netgear, and many more.

Akoustis Joins Wi-Fi NOW Industry Association as Official RF Filter Partner

My bullishness on Akoustis Technology has not panned out (so far). I'm personally underwater in the stock. But I'm not selling because the growth thesis is firmly intact. The maker of patented XBAW filter technology recently reported Q1 FY23 revenue growth of 195% yoy while continuing to ink new design wins.

Akoustis: Speculative Growth Thesis Intact, CHIPs Act A Catalyst

Akoustis Technologies, Inc. (NASDAQ:AKTS ) Q1 2023 Earnings Conference Call November 14, 2022 8:00 AM ET Company Participants Tom Sepenzis - Vice President of Corporate Development and Investor Relations Jeff Shealy - Founder and Chief Executive Officer Ken Boller - Chief Financial Officer David Aichele - Executive Vice President of Business Development Conference Call Participants Suji Desilva - ROTH Capital Harsh Kumar - Piper Sandler Anthony Stoss - Craig-Hallum Capital Group Wei Mok - Oppenheimer & Company Operator Good day, ladies and gentlemen, and welcome to the Akoustis Technologies Fiscal 2023 First Quarter Conference Call. As a reminder, this conference call is being recorded.

Akoustis Technologies, Inc. (AKTS) Q1 2023 Earnings Call Transcript

Akoustis (AKTS) delivered earnings and revenue surprises of -40% and 0.36%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Akoustis (AKTS) Reports Q1 Loss, Lags Revenue Estimates

The 11th Annual ROTH Technology Event – November 16, 2022

Akoustis to Attend Multiple Conferences in December 2022 Quarter

Charlotte, N.C., Nov. 07, 2022 (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 webcast its Q1FY23 results on Monday, November 14, 2022, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.

Akoustis to Webcast Q1FY23 Results on November 14 at 8:00 am ET

Charlotte, N.C., Oct. 06, 2022 (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 that it has joined the Semiconductor Industry Association (SIA) as a Charter Member, alongside industry stalwarts including Intel, Micron, Qualcomm, AMD and others.

Akoustis Becomes Charter Member of the Semiconductor Industry Association

Charlotte, N.C., Oct. 04, 2022 (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 that it has started sampling two new Wi-Fi 6E and Wi-Fi 7 filter solutions, covering the U-NII 1-3 and U-NII 5-8 bands of high-frequency, high-speed Wi-Fi. The filters are expected to ramp into production in the first half of calendar 2023.

Akoustis Announces Next Generation Wi-Fi 6E and Wi-Fi 7 Filter Solutions

Akoustis Technologies, Inc. operates on the cutting edge of RF filter technology in growing markets, producing a secular tailwind of rising demand. This is demonstrated by raking in new customers and design wins and a rapid scaling of production.

Akoustis Technologies Has Long-Term Value

Akoustis 3.5 GHz XBAW Filter to be Used in Base Station Equipment for 5G Connectivity in Europe, and Asia

Akoustis Receives Fourth Design Win for a New 5G Mobile Network Infrastructure XBAW Filter

The stock price of Akoustis Technologies (AKTS) fell by 8.82% today. This is why.

Akoustis Technologies (AKTS) Stock: Why It Fell 8.82% Today

Akoustis Technologies, Inc. (NASDAQ:AKTS ) Q4 2022 Earnings Conference Call September 12, 2022 8:00 AM ET Company Participants Tom Sepenzis - Vice President of Corporate Development and Investor Relations Jeff Shealy - Founder and Chief Executive Officer Kenneth Boller - Chief Financial Officer David Aichele - Executive Vice President of Business Development Conference Call Participants Anthony Stoss - Craig Hallum Capital Group Suji Desilva - ROTH Capital Wei Mok - Oppenheimer & Company Operator Good day, ladies and gentlemen and welcome to Akoustis Technologies Fiscal 2022 Fourth Quarter Conference Call. As a reminder, this conference call is being recorded.

Akoustis Technologies, Inc. (AKTS) Q4 2022 Earnings Call Transcript

Ramp in XBAW Filter Revenue Expected to Continue in the Current Q1 FY23 with a Greater Than 200% Year-Over-Year Revenue Increase

Akoustis Reports Third Consecutive Quarter of Record Revenue as Fourth Quarter Fiscal 2022 Sales Grew by Over 140% Year-Over-Year

Canandaigua, N.Y., Sept. 06, 2022 (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 that U.S. Senate Majority Leader Charles E. Schumer recently toured Akoustis' semiconductor fab in Upstate New York with Akoustis founder and CEO, Jeff Shealy, Co-Chairman of the Board, Jerry Neal, and Director, Suzanne Rudy.

U.S. Senate Majority Leader Charles E. Schumer Toured Akoustis Technologies' Semiconductor Fab in Upstate New York

Charlotte, N.C., Sept. 01, 2022 (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 that it has completed development and shipped a second iteration of a 5G mobile XBAW® filter to a RF module maker targeting production ramp in calendar 2023. Additionally, Akoustis received a development order for two new XBAW® filters from this customer for the Wi-Fi 6E access point market.

Akoustis Shipped Second Iteration XBAW Filter to RF Front-End Module Customer and Received Development Order for Two New XBAW Filter Designs

Charlotte, N.C., Aug. 30, 2022 (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 webcast its Q4FY22 results on Monday, September 12, 2022, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.

Akoustis to Webcast Q4FY22 Results on September 12 at 8:00 am ET

Charlotte, N.C., Aug. 24, 2022 (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 from a Fortune 100 Internet company for two new XBAW® driven diplexers for multiple applications.

Akoustis Receives Development Order for Two New Diplexers from Fortune 100 Internet Company

Huntersville, N.C., Aug. 19, 2022 (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 present at the 3rd Annual Needham Semiconductor and SemiCap Conference which is being held virtually on August 24 through August 25, 2022.

Akoustis to Attend the 3rd Annual Needham Semiconductor and SemiCap Conference on August 24th

XBAW Filter Targets 5G Mobile Smartphones and Other Devices

Akoustis Ships Second 5G Mobile Filter Design in its New Wafer-Level-Package to First Foundry Customer

Charlotte, N.C., Aug. 01, 2022 (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 founder and CEO Jeff Shealy is scheduled to be a guest on Yahoo Finance hosted by Brian Sozzi, Julie Hyman and Brad Smith today at 11:40 am ET .

Akoustis Founder and CEO Jeff Shealy to Discuss the CHIPS and Science Act 2022 and 5G Mobile on Yahoo Finance at 11:40 am ET Today

Akoustis is an (as yet) unprofitable speculative growth company - obviously not a popular choice during the current 2022 bear market. As a result, the company's stock is down ~56% over the past year. However, the investment thesis (i.e., disruption of the global RF-filter market) appears to be firmly intact.

Akoustis: Still Bullish On Its Speculative Growth Thesis

Charlotte, N.C., July 11, 2022 (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 Kamran Cheema has been appointed its new Chief Product Officer.

Akoustis Names Kamran Cheema Chief Product Officer

Defense Advanced Research Projects Agency (DARPA) Is the Premier Government Agency Making Pivotal Investments in Breakthrough Technologies for National Security

Akoustis Signs New DARPA Contract to Advance XBAW Technology

Dr. Rama Vetury to Present in the Th2B-2 Technical Session on June 23rd at 10:30 am MST

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