POET Pulls Back After Earnings Following 43% Surge
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POET Technologies shares fell 3.74% in premarket trading after a 43.15% surge due to a supply agreement with Lumilens. Q1 2026 revenue rose to $503,389, with a narrowed net loss of $12.3 million. The company maintains $429.1 million in cash and short-term investments, with a weighted average share count increasing to 147.5 million following a $150 million equity offering.
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