This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

EMCORE's CEO Presents At 2012 Citi Technology Conference (Transcript)

The other area we’ve been contemplating a different strategy over the last actually two, three years with the CTV our concentrated photovoltaics. So basically a solution based on high efficiency solar cell, we developed that for space power applications combined with the optics to solve and to try to provide the most cost effective solution for a land based solar power applications. As you will probably know that market has been I would say very dynamic in the last couple of years, we feel like try to catch a falling knife, so there’s too much risk, too much exposure and about a month ago we decided to consolidate the entire effort into our joint venture with a Chinese partner and we’ll still maintain a 40% of equity interest and but we would not have any further investment into that area.

So after this two major restructuring along with a tremendous effort to recover from the flood impact in Thailand for our contract manufacturers, we now are pretty excited about they are lined up and in the next presentation we’ll be changing our – the business to line up basically right now we have three operating divisions; space, solar, those are broadband, cable TV and telecom optical components.

Out of this three there are two of them that really are pretty established, stable business and we’re the market leader and the revenue combine this two divisions roughly about $150 million and a gross margin about 28% to 30%, operating margin in a range about 8% to 12%. So we have a great visibility and a lion share in the market in strongest competitive positions in the market place.

Back to this division we called broadband, the other one is called the space solar power. For these two divisions, the business representing about 5% to 10% year-over-year growth. They are cash cows but they are not ready to driving engine for the group. But the driving engine out of our business portfolio, is the telecom optical components and after to carve out of the enterprise optical component that part was really you have two major product lines, one is the ITLA, that the integrated tunable laser assembly and ideally suited for 40 and 100 gigabit even in the future of 400 gigabit coherent transmission system. The other one is a newly introduced a product Tunable XFP for 10 gigabit small form factor (inaudible).

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs