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POET Technologies Inc

POET Technologies Inc (PTK)

5.60
-0.03
(-0.53%)
Closed November 23 4:00PM

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Key stats and details

Current Price
5.60
Bid
5.50
Ask
5.61
Volume
97,696
5.40 Day's Range 5.64
1.01 52 Week Range 7.50
Market Cap
Previous Close
5.63
Open
5.57
Last Trade
100
@
5.6
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
187,696
Shares Outstanding
42,488,000
Dividend Yield
-
PE Ratio
-11.74
Earnings Per Share (EPS)
-0.48
Revenue
466k
Net Profit
-20.27M

About POET Technologies Inc

Sector
Engineering Services
Industry
Mining & Extracting Div'e
Headquarters
Toronto, Ontario, Can
Founded
1985
POET Technologies Inc is listed in the Engineering Services sector of the TSX Venture Exchange with ticker PTK. The last closing price for POET Technologies was $5.63. Over the last year, POET Technologies shares have traded in a share price range of $ 1.01 to $ 7.50.

POET Technologies currently has 42,488,000 shares outstanding. The market capitalization of POET Technologies is $239.21 million. POET Technologies has a price to earnings ratio (PE ratio) of -11.74.

PTK Latest News

Poet Technologies Announces Intention To Voluntarily Delist from the TSXV

TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical InterposerTM...

POET Technologies Reports Third Quarter 2024 Financial Results

TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposerโ„ข, Photonic...

POET Wins โ€œBest in Artificial Intelligenceโ€ Honors at 2024 Global Tech Awards

TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposerโ„ข...

POET Wins โ€œAI Innovator of the Yearโ€ Gold Prize at 2024 Merit Awards

TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposerโ„ข...

Poet Technologies Announces Closing of US$15 Million Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:...

POET and Mitsubishi Electric Collaborate to Developย 3.2T Optical Engines for AI Networks

TORONTO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposerโ„ข...

InSiGa Technologies and POET to Demonstrate Laser Driver and Optical Engine Combinations for 800G and 1.6T Optical Modules at CIOE

TORONTO and SHENZHEN, CHINA, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Chengdu InSiGa Semiconductor Technologies Co., Ltd. (โ€œInSiGaโ€) and POET Technologies Inc. (โ€œPOETโ€) (TSX Venture: PTK; NASDAQ:...

POET Selected by Mentech to Supply Engines for 800G and 1.6T Optical Modules

TORONTO and SHENZHEN, China, Sept. 10, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical...

POET to Demonstrate Leading-Edge Optical Engines for AI Market at CIOE 2024

TORONTO and SHENZHEN, China, Sept. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical...

POET Streamlines its Global Engineering Organization in Response to AI Market Demand

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposerโ„ข, Photonic...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.336.261859582545.275.851728355.39034009CS
40.010.1788908765655.5964.81389645.40095419CS
121.4133.65155131264.197.53.571876965.59412452CS
262.5583.6065573773.057.52.241417974.84370643CS
524.23308.7591240881.377.51.011266833.63206398CS
1564.64483.3333333330.9613.650.73766043.39074427CS
2605.261547.058823530.3413.650.2251933841.44386016CS

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PTK Discussion

View Posts
Optotronik Optotronik 2 days ago
What are the thoughts on them delisting on the venture? To me it looks like they are setting us up for a cheap buyout. Cleaner transaction.
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Optotronik Optotronik 2 days ago
What are the thoughts on them delisting on the venture? To me it looks like they are setting us up for a cheap buyout. Cleaner transaction.
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BEIJING BILL BEIJING BILL 4 days ago
Back over 4, the next semiconductor run will run this won as well ..
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Xrouter Xrouter 1 week ago
Why we goin down.  Earnings or I mean non earnings must be out. Same old same old Cup. Don't they know I'm not gettin younger????
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macnai macnai 3 weeks ago
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gp22 gp22 4 weeks ago
SMALL MODULAR REACTOR NEWSLETTER: 10/25/2024:
$POET AI Semiconductor chip production for Hyper Data Centers about to start.

$POET Technologies is gearing up to make a significant impact in the data center market with their advanced optical engines and photonic integrated circuits. They showcased their latest products, including 800G and 1.6T optical engines, at the Optical Fiber Communications (OFC) Conference in March 2024. These products are designed to meet the high-speed and low-latency demands of AI clusters and hyperscale data centers2.

While specific release dates for their memory chips havenโ€™t been announced, $POETโ€™s recent demonstrations and collaborations suggest that their products will be available soon to support the growing needs of hyper data centers.

$AMZN, $MSFT & $ORCL said to be very high on $POET.

In addition, $NNE, $SMR, $OKLO investors are eager to find additional investing opportunities in the SMR sector and $POET certainly is now starting to appear on their radar
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Cuppy Cuppy 1 month ago
Thatโ€™ll be a waitโ€ฆ
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gladeshawk gladeshawk 1 month ago
I'm looking for the pps to drop below $3. That would be well below the price I sold shares at. I would start buying back at that point. HAWK
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prototype_101 prototype_101 2 months ago
New Zacks report 2025 Revenue estimate $5 million

https://s27.q4cdn.com/906368049/files/News/2024/Zacks_SCR_Research_10072024_POET_Thompson.pdf

it's a start, but concerning that as speeds 1.6T and greater the EML's power consumption is going to be way too high to be viable
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Xrouter Xrouter 2 months ago
That a a buck might buy you a coffee EOM
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prototype_101 prototype_101 2 months ago
โ€œAI Innovator of the Yearโ€ in the Technology category of the prestigious 2024 Merit Awards. The Gold Prize adds to the Companyโ€™s recent accolades, which include recognition by the 2024 AI Breakthrough Awards honor for โ€œBest Optical AI Solutionโ€.

TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (โ€œPOETโ€ or the โ€œCompanyโ€) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, was recognized today as the โ€œAI Innovator of the Yearโ€ in the Technology category of the prestigious 2024 Merit Awards. The Gold Prize adds to the Companyโ€™s recent accolades, which include recognition by the 2024 AI Breakthrough Awards honor for โ€œBest Optical AI Solutionโ€.

โ€œWe are thrilled to honor POET Technologies as the AI Innovator of the Year. Their groundbreaking advancements in photonic technology are setting new standards in the AI industry, pushing the boundaries of innovation and creativity. This recognition is a testament to their leadership, vision, and commitment to revolutionizing AI solutions. We congratulate the entire team at POET Technologies on this well-deserved achievement,โ€ says Marie Zander, Executive Director, Merit Awards.

Merit Awards winners in 2023 included notable companies such as Nvidia, Intel and Oracle. Founded in 2022, the Merit Awards are judged by industry executives, Merit Awards staff, media, and consultants. The awards recognize global leaders in a range of industries who are shaping the future.

โ€œThe POET Optical Interposer™ continues to gain accolades because the commercial viability of its applications are advancing the performance goals of the leaders in the AI networking and data center industries. Our recent agreements with Mitsubishi Electric, Luxshare Tech, and Foxconn Interconnect Technology demonstrate why industry observers are impressed by what the POET team has achieved,โ€ says Dr. Suresh Venkatesan, POET Chairman & CEO. โ€œWinning the Gold Prize as โ€˜AI Innovator of the Yearโ€™ is another validation for our platform technology. We thank the organizers of the Merit Awards for the honor and for shining a light on transformative companies around the world.โ€

About POET Technologies Inc.
POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POETโ€™s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POETโ€™s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.

About Merit Awards

Designed to recognize the efforts put forth by global industries and the markets they serve, the Merit Awards will acknowledge companies that have contributed to the continued growth of the market. The Merit Awards are judged by industry executives, Merit Awards staff, members of the media and consultants. For more information please visit our website at http://www.merit-awards.com.

Media Relations Contact:
Adrian Brijbassi
Adrian.brijbassi@poet.tech Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet.tech
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Xrouter Xrouter 2 months ago
Thank you. A small rise in price brings out the uninformed zombies. Iโ€™m thinking of coming over to LWLG and joining Proto and you. Seems like a good idea.
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KCCO7913 KCCO7913 2 months ago
October 2023 the fully diluted share count was about 49 million. Today, the number is a bit over 100 million but I can't provide a precise number yet. Over 100% dilution in 12 months.

Just FYI.
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Xrouter Xrouter 2 months ago
Go back in your hole stupid asswipe
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retireat40 retireat40 2 months ago
Moron
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Xrouter Xrouter 2 months ago
I said in past year. Do your research. And with warrants itโ€™s not $5. More like under $4
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retireat40 retireat40 2 months ago
Nope. It was a non-brokered private placement with a single institutional investor pursuant to which the Corporation issued 4,000,000 common shares and an accompanying warrant exercisable for an aggregate of up to 2,000,000 Common Shares at an exercise price of $5.00. Total of a max of 6 million shares. Hardly 40%.
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Xrouter Xrouter 2 months ago
How much did Poet increase the share count in the last year or less?? Me thinks it has to be around 40%. Good going management. As the saying goes. A sucker born every minute.
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novogus novogus 2 months ago
Go away with your scientific project (LWLG). You certainly know more than Mitsubishi LOL.

Mitsubishi Electric controls almost half of the global market for optical transmission devices in data centers, in part because of its electro-absorption modulated laser diodesโ€™ ability to balance both speed and output, according to the company.
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Invest-in-America Invest-in-America 2 months ago
POET: Are you kidding me, Dude???!!! That was DISGUSTING!!!! (Well, but NOT that there's anything 'wrong' with that --- thanks, Jerry Seinfeld!! Remember that episode??)
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TrendTrade2016 TrendTrade2016 2 months ago
HE WAS CREEPING ME OUT CALLING ME SWEETIE
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Invest-in-America Invest-in-America 2 months ago
POET: Stop it, Dude!! (Every day you send me to my HMO hospital for yet another classic emergency room SPLIT-A-GUT-LAUGHING routine!!!)
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TrendTrade2016 TrendTrade2016 2 months ago
OOPS...FAKE GENDERS A VERY STRANGE BREED OF HUMAN BEING...I GET WHY THEY PRETEND TO BE WOMAN, BUT STLL A VERY ODD PERSON WOULD DO THIS...THERE ARE A COUPLE OF YOU OUT THERE!
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Xrouter Xrouter 2 months ago
Ahhaahha yup. Send me a tip my kind person.
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TrendTrade2016 TrendTrade2016 2 months ago
sounds like you have no clue how to trade....watch and learn
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Xrouter Xrouter 2 months ago
I see you day trade. I used to a long time ago when and before everyone and their mother were trading. Now these โ€œtradersโ€ are happy with McDonaldโ€™s money and way back when the day traders were making a nice living playing part time. Today itโ€™s too hard for me to win with all the wacky traders looking for a nickel. So I settle for a few a month for a good chunk of change plus beer money, Strik
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TrendTrade2016 TrendTrade2016 2 months ago
i called top at 5.60..what am i checking
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Xrouter Xrouter 2 months ago
For example check the poor management and their track record for the last few decades. Iโ€™ve bought and sold at $15 and bought and sold at .73. Sorry. Gotta go spend my winnings but Iโ€™ll admit right now I own 0. Strik
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Xrouter Xrouter 2 months ago
Agree 100%. But a trophies is meaningless unless the company delivers and makes a profit. Both LWLG and POET are only good for trades up until now. Iโ€™ve been trading both since LWLG was well under a buck and poet was too. Nothing has changed right now except I donโ€™t own either and will bye when and if they falter and sell both when they get pumped again and again and again. Iโ€™m in to make $$ not fall in love with non revenue stocks. Sorry if I was too blunt cause I think you offer much info on both of these and I agree they should both get together to make it easier for me to just trade one stock. If either flys high then Iโ€™ll just move on to one of the other million stocks to play. Love and kisses, Strik
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TrendTrade2016 TrendTrade2016 2 months ago
its at 4.70...i called 5.60 top...what am i checking
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prototype_101 prototype_101 2 months ago
sorry Stik, don't mean to be messing with your traders! BUT, Poet should have gone with LWLG modulators just like I had said here a thousand times over the years!!!! EML's at 3.2 T is INSANE!!!! do you have any idea the POWER CONSUMPTION of EML's at 3.2T, ain't never gonna happen!!
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Monksdream Monksdream 2 months ago
POET new 52 week high
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Xrouter Xrouter 2 months ago
Better check again
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Xrouter Xrouter 2 months ago
Please. No one gives a shit
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prototype_101 prototype_101 2 months ago
PAY ATTENTION!!!! LWLG JUST WON OVER POET!!!

These two companies were the two FINALISTS for the ECOC premier Award!!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175129625

BUY THE WINNER NOT THE LOSER!!!
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retireat40 retireat40 2 months ago
Spam. Blocked
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Ms Labonte Ms Labonte 2 months ago
Long$$$$$$$$$$$ all the way$$$$$$$$$
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Ms Labonte Ms Labonte 2 months ago
$hort$ going to feel the pressure of panic
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Ms Labonte Ms Labonte 2 months ago
Call. you feel the pressure $weet$$$
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Ms Labonte Ms Labonte 2 months ago
Pu$h to fir$t resistance $weet$$$ Then we fly
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Ms Labonte Ms Labonte 2 months ago
Itโ€™$ the only way $weet$$ a good kick in the bal$$ wake up call$$$ Long leg$ to 8 dolla today
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TrendTrade2016 TrendTrade2016 2 months ago
POET 5.60 TOP FOR NOW
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Ms Labonte Ms Labonte 2 months ago
I got you $weet$$$ Champagne $hower$$$Rnaz super short $quezze coming
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Ms Labonte Ms Labonte 2 months ago
All leg$$ up $weet$$$ Long and $trong$$$$
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prototype_101 prototype_101 2 months ago
PAY ATTENTION!!!! LWLG just WON OVER POET!!! These two companies were the two FINALISTS for the ECOC premier Award!!!
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TrendTrade2016 TrendTrade2016 2 months ago
HOPE YOU ARE NOT A FAKE WOMAN...I DON'T SWING THAT WAY
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Ms Labonte Ms Labonte 2 months ago
Leg$ up $weet$$ POET RNAZ supper squeeze $weet$$
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Ms Labonte Ms Labonte 2 months ago
Flying high $weet$$ it alway$ happene$$ when flipper$ are out of ammoโ€ฆ go poet
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TrendTrade2016 TrendTrade2016 2 months ago
POET...10-4 COMMAND...WE READ YOU LOUD AND CLEAR....ALL PASSENGERS ARE SNUGGLED IN AND AWAIT NEW SPEEDS
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prototype_101 prototype_101 2 months ago
PAY attention!!!! LWLG just BEAT Poet!!! These two companies were the two FINALISTS for the ECOC premier Award!!!

Lightwave Logic Receives 2024 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications (ECOC)
Award Granted by ECOC Exhibition Industry Awards Committee, Composed of Telecom and Datacom Industrial Corporations

Award Again Recognizes Lightwave Logic's EO Polymer Material and Technology as a Leading Innovation Amongst the Industry

ENGLEWOOD, Colo., Sept. 24, 2024 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today announced that it has received the 2024 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform from the European Conference on Optical Communications (ECOC), a premier industry exhibition held in Frankfurt, Germany from September 22-26, 2024.

The ECOC Exhibition Awards highlight exceptional achievements in advancing the business of optical communications, transport, networking, fiber-based products, photonic integration circuits and related developments. The awards, granted by a technical committee of industry peers and industrial corporations, indicate market recognition and cover 2 broad value-chain categories: Optical materials, components, packages, modules etc.; and Optical Systems, networks, standards, architecture etc.

"Lightwave Logic is honored to receive the Award for Most Innovative Hybrid PIC/Optical Integration Platform on behalf of Lightwave Logic for the second time, granted by a committee of industry peers, reflecting true market recognition of our technology," said Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic. "Since winning the award in 2023, we have continued to demonstrate our leadership in the photonics industry with outstanding 200Gbps per lane performance for our technologies that aligns well with datacenter expectations today. This award serves as a highlight amidst our ongoing engagement with a wide spectrum of companies discussing device designs to materials supply and licensing agreements for our EO polymer materials with OEMs and tier-1 multinational corporations. We are confident in the implicit competitive advantage of our solution to support datacenters around the world which are responding to the burgeoning demand for higher speed data transmission from artificial intelligence, machine learning, and other cloud-based services.

"ECOC is one of the leading global industry conferences on optical communications, adding to the recognition for this particular innovation award, which provides further market validation of our technology and provides industry peer confirmation of the inherent benefits of our platform," concluded Lebby.

An awards ceremony was held live at the ECOC Exhibition in the Product Focus theatre on Tuesday, September 24, 2024, from 11:45 a.m. Central European time, where Lightwave Logic was presented with the award.
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