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![Akoustis Technologies, Inc. [AKTS] posts $11.16M loss as revenue rises 5.37% to $5.86M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FAKTS.png&w=1200&q=75)
| Net Sales: | $5.86M |
Akoustis Technologies, Inc. [AKTS] posted a loss of $11.16M, marking a rise of 41.56% for this quarter.
Revenue rose to $5.86M this quarter compared to $5.57M in the previous quarter.
According to the latest quarterly report the company has filed with the SEC, current earnings were $-11.16M, up 41.56% from $-19.09M.
The company’s net sales for the period were $5.86M, up 5.37%. Net sales in the previous quarter were $5.57M.