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Benzinga
Benzinga
Business
Benzinga Insights

Akoustis Technologies Earnings Perspective: Return On Invested Capital

According to data from Benzinga Pro, during Q3, Akoustis Technologies's (NASDAQ:AKTS) reported sales totaled $4.61 million. Despite a 2.76% increase in earnings, the company posted a loss of $14.82 million. Akoustis Technologies collected $3.67 million in revenue during Q2, but reported earnings showed a $15.24 million loss.

Why Is ROIC Significant?

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