Re: POET Technologies Reports Second Quarter 2019 Financial Results

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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maing

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Re: POET Technologies Reports Second Quarter 2019 Financial Results

in response to

POET Technologies Reports Second Quarter 2019 Financial Results

chappychap

posted on Aug 29, 2019 10:06AM

This is the most revealing statement in the NR to me

We have a major customer in process...

" The sequential decrease in second quarter revenue primarily reflected a change in revenue recognition for the second phase of non-recurring engineering (NRE) revenue due to the lengthening of the project duration for a major customer"

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