Emcore Management

Management criteria checks 1/4

Emcore's CEO is Matthew Vargas, appointed in Dec 2022, has a tenure of 1.92 years. directly owns 2.41% of the company’s shares, worth $647.44K. The average tenure of the management team and the board of directors is 5.5 years and 0.8 years respectively.

Key information

Matthew Vargas

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.9yrs
CEO ownership	2.4%
Management average tenure	5.5yrs
Board average tenure	less than a year

Recent management updates

Recent updates

Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates

May 12

Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates

Feb 17

Investors Will Want EMCORE's (NASDAQ:EMKR) Growth In ROCE To Persist

Feb 11

Why It Is Worth Sticking With Emcore

Jan 24

Should You Investigate EMCORE Corporation (NASDAQ:EMKR) At US$7.18?

Dec 24

CEO

Matthew Vargas (38 yo)

1.9yrs

Tenure

Mr. Matthew Vargas serves as Interim Chief Executive Officer at EMCORE Corporation since May 2024 and has been its VP, Sales, since December 2022, after serving as the Company’s Sales Director from August...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Minichiello	CFO & Interim Principal Executive Officer	5.3yrs	US$663.10k	1.15% $ 309.6k
Matthew Vargas	Interim CEO	1.9yrs	no data	2.41% $ 647.4k
Mark Gordon	Director of Accounting	5.8yrs	no data	no data
Ryan Hochgesang	VP, General Counsel & Secretary	7.5yrs	no data	no data

5.5yrs

Average Tenure

61yo

Average Age

Experienced Management: EMKR's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Vargas	Interim CEO	less than a year	no data	2.41% $ 647.4k
Jeffrey Roncka	Independent Director	less than a year	no data	0.045% $ 12.1k
Cletus Glasener	Independent Chairman of the Board	less than a year	no data	0.0022% $ 601.6
Bruce Grooms	Independent Director	5.4yrs	US$133.00k	0.092% $ 24.7k
David Rogers	Director	less than a year	no data	no data

0.8yrs

Average Tenure

60yo

Average Age

Experienced Board: EMKR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Emcore Management

Management criteria checks 1/4

Key information

Recent management updates

EMCORE Corporation Announces Resignation of Jeff Rittichier as CEO

EMCORE Corporation Announces Termination of Iain Black as SVP, Operations, Effective February 16, 2024

EMCORE Corporation, Annual General Meeting, Mar 15, 2024

EMCORE Corporation Announces Board Changes

Insufficient new directors

EMCORE Corporation, Annual General Meeting, Mar 10, 2023

Recent updates

Aerosphere Power Inc. entered into an Agreement and Plan of Merger to acquire EMCORE Corporation (NasdaqCM:EMKR) for $31.4 million.

Mobix Labs, Inc. (NasdaqGM:MOBX) submitted a compelling non-binding proposal to acquire EMCORE Corporation (NasdaqCM:EMKR) for $34.5 million.

EMCORE Corporation announced delayed 10-Q filing

EMCORE Corporation Provides Revenue Guidance for the Fourth Quarter of 2024

EMCORE Corporation to Report Q3, 2024 Results on Aug 06, 2024

EMCORE Corporation announced delayed 10-Q filing

Consensus revenue estimates fall by 18%

Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

EMCORE Corporation Announces Resignation of Jeff Rittichier as CEO

EMCORE Corporation to Report Q2, 2024 Results on May 08, 2024

EMCORE Corporation announced delayed 10-Q filing

EMCORE Corporation Announces Termination of Iain Black as SVP, Operations, Effective February 16, 2024

EMCORE Corporation to Report Q1, 2024 Results on Feb 08, 2024

EMCORE Corporation, Annual General Meeting, Mar 15, 2024

EMCORE Corporation Announces Board Changes

EMCORE Corporation announced delayed annual 10-K filing

Full year 2023 earnings: EPS and revenues miss analyst expectations

EMCORE Corporation Provides Revenue Guidance for Fiscal First Quarter (1Q24) Ending December 31, 2023

EMCORE Corporation to Report Q4, 2023 Results on Dec 12, 2023

New major risk - Financial position

Price target decreased by 20% to US$2.09

New major risk - Shareholder dilution

EMCORE Corporation has completed a Follow-on Equity Offering in the amount of $15.776087 million.

EMCORE Corporation has completed a Follow-on Equity Offering in the amount of $15.776087 million.

New minor risk - Share price stability

Price target decreased by 10% to US$2.46

EMCORE Corporation Provides Revenue Guidance for the Fourth Quarter Ending September 30, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

EMCORE Corporation to Report Q3, 2023 Results on Aug 08, 2023

EMCORE Receives A Letter from the Nasdaq Stock Market Regarding Minimum Bid Price Requirement

EMCORE Corporation Provides Earnings Guidance for the Third Quarter Ending June 30, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 19% to US$2.83

Insufficient new directors

EMCORE Corporation has completed a Follow-on Equity Offering in the amount of $17.000001 million.

EMCORE Corporation has completed a Follow-on Equity Offering in the amount of $17.000001 million.

EMCORE Corporation Provides Revenue Guidance for the Second Quarter Ending March 31, 2023

EMCORE Corporation to Report Q1, 2023 Results on Feb 08, 2023

EMCORE Corporation, Annual General Meeting, Mar 10, 2023

EMCORE Corporation Provides Earnings Guidance for the Fiscal 2023 First Quarter Ending December 31, 2022

EMCORE Corporation to Report Q4, 2022 Results on Dec 20, 2022

EMCORE Introduces New TAC-450 IMUs Integrated with PIC Technology, Tactical-grade Gyros, and Inertial-grade Accelerometers

EMCORE Corporation Announces the Termination of Albert Lu as SVP & GM, Aerospace & Defense, Effective November 25, 2022

Price target decreased to US$4.13

Insufficient new directors

Insufficient new directors

Insufficient new directors

Consensus EPS estimates fall by 67%

EMCORE Corporation (NasdaqGM:EMKR) acquired Fiber Optic Gyroscope (FOG) and Inertial Navigation Systems business segment of KVH Industries, Inc for $55.0 million.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Emcore Corporation Provides Revenue Guidance for the Fourth Quarter Ending September 30, 2022

EMCORE Corporation to Report Q3, 2022 Results on Aug 09, 2022

Emcore Corporation: It Is Darkest Before Dawn

Consensus EPS estimates have been downgraded.

Second quarter 2022 earnings: EPS misses analyst expectations

What Is EMCORE Corporation's (NASDAQ:EMKR) Share Price Doing?

EMCORE Corporation Provides Revenue Guidance for the Third Quarter Ending June 30, 2022

EMCORE Corporation (NasdaqGM:EMKR) completed it's acquisition of Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

CEO, President & Director exercised options and sold US$73k worth of stock

Price target decreased to US$7.63

EMCORE Corporation to Report Q2, 2022 Results on May 04, 2022

Emcore Corporation Could Be An Opportunity At This Point

CEO, President & Director exercised options and sold US$51k worth of stock

Emcore Corporation Introduces Model 1995 High-Power Tosa Dfb Laser for Lidar and Autonomous Vehicles At Ofc

EMCORE Corporation (NasdaqGM:EMKR) entered into a definitive agreement to acquire Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates

EMCORE Corporation (NasdaqGM:EMKR) entered into a definitive agreement to acquire Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

Consensus revenue estimates fall by 19%