POET Technologies Posts Higher Q1 2026 Revenue but Swings to Net Loss as Costs Surge

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2026.05.15 15:28
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POET Technologies reported a Q1 2026 revenue increase to $503,389 from $166,760, but incurred a net loss of $12.3 million due to rising operating expenses. The company's balance sheet improved significantly, with shareholders' equity rising to $448.6 million. Despite strong technicals, Spark's AI Analyst rates POET as Neutral due to ongoing cash burn and unprofitability.