POET Technologies Q1 EPS $(0.12) Misses $(0.10) Estimate, Sales $8.71K Miss $800.00K Estimate

POET Technologies (NASDAQ:POET) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.10) by 20 percent. This is a 14.29 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $8.71 thousand which missed the analyst consensus estimate of $800.00 thousand by 98.91 percent. This is a 95.18 percent decrease over sales of $180.84 thousand the same period last year.