Earnings Call Insights: Aeluma (ALMU) Q3 fiscal 2026 Management View "Today, I'll begin with a recap of the Optical Fiber Communication Conference, or OFC... and how Aeluma's engagements in the AI datacom market have accelerated." (CEO, President & Chairman Jonathan Klamkin) "Major laser suppliers are sold out... there is a major shortage of indium phosphide substrates of all sizes." (CEO, Preside...
Earnings Call Insights: Aeluma (ALMU) Q3 fiscal 2026 Management View "Today, I'll begin with a recap of the Optical Fiber Communication Conference, or OFC... and how Aeluma's engagements in the AI datacom market have accelerated." (CEO, President & Chairman Jonathan Klamkin) "Major laser suppliers are sold out... there is a major shortage of indium phosphide substrates of all sizes." (CEO, President & Chairman Klamkin) "The growing demand for 200G per-lane transceivers and the transition to 400G per-lane provide opportunities for Aeluma's high-speed InGaAs photodiodes." (CEO, President & Chairman Klamkin) "Aeluma is the first company to offer MOCVD quantum dot lasers." (CEO, President & Chairman Klamkin) "We can produce photonics at large volumes with an outsourced supply chain... and for very large markets such as mobile, we may license our intellectual property as a go-to-market strategy." (CEO, President & Chairman Klamkin) "In early March, we welcomed Dr. Christiane Poblenz as VP of Materials Operations." (CEO, President & Chairman Klamkin) "We also recently welcomed Dr. Willy Rachmady as VP of Strategic Partnerships and Ecosystem." (CEO, President & Chairman Klamkin) "For the fiscal third quarter, revenue was $1.2 million... GAAP net loss for the fiscal third quarter was $1.8 million, or $0.10 per basic and diluted share." (Chief Financial Officer Christopher Stewart) Outlook "We are updating our full-year revenue guidance to $4.2 million to $4.6 million, narrowed from the previous range of $4 million to $6 million." (Chief Financial Officer Stewart) "The updated range is primarily the result of delays in the execution of several government contracts and the subsequent start of work for these new programs. Government shutdowns and other factors led to these delays." (Chief Financial Officer Stewart) "Any future government bids will emphasize later-stage development and transition opportunities versus fundamental development and feasibility." (Chief Financial Of...
Foreign investors have deepened their retreat from South Korean stocks, even as the market has kept climbing to new highs on local inflows and the artificial intelligence boom. Foreigners have sold $11.5 billion of Korean stocks so far in May, on a net basis, according to data compiled by Bloomberg. That has them on track for their third-biggest monthly exit on record, after unprecedented withdraw...
Foreign investors have deepened their retreat from South Korean stocks, even as the market has kept climbing to new highs on local inflows and the artificial intelligence boom. Foreigners have sold $11.5 billion of Korean stocks so far in May, on a net basis, according to data compiled by Bloomberg. That has them on track for their third-biggest monthly exit on record, after unprecedented withdrawals in February and March. Local retail investors, who largely missed last year’s rally, have stepped in to help extend gains in the Kospi . The benchmark index is up 87% this year, beating all global peers tracked by Bloomberg. Korean institutions have been buyers as well. “Foreigners can be quite fickle, especially with fast money like hedge funds, but domestic investors can be a more stable anchor now,” said Vey-Sern Ling , a managing director at Union Bancaire Privee. Bumper results from memory chipmakers Samsung Electronics Co. and SK Hynix Inc. have been a key draw for locals, he added. Read more: World’s Biggest Stock Rally Ignites Speculative Mania in Korea So far this year, overseas funds have pulled nearly $48 billion from Korean stocks, on course for a record annual withdrawal. The outlflow is more than double their sales of equities in India, a market far less directly tied to the AI trade. The foreign exodus from Seoul’s market comes as investors debate whether memory has truly entered a “ supercycle ” or will revert to its typical boom-and-bust pattern. Valuations are not much of a concern, with the Kospi trading at about 8.5 times forward earnings estimates while the S&P 500 Index is at 21 times.