EMCORE Corporation has announced that its photovoltaics revenue
increased 63 percent for the third quarter of fiscal 2007 to $16.9
million compared to $10.4 million reported last year. This is an
increase of 24 percent Q-on-Q.
EMCORE also noted that in September its photovoltaics division received
notice that its fiscal 2007 interim U.S. Government billing rates were
approved which resulted in additional revenues of approximately $0.4
million for the first half of fiscal 2007. This additional billing was
invoiced in the September quarter.