POET Technologies Inc. POET

POET Technologies has delivered a powerful 3 year share price run, yet the recent pullback and ongoing cash use put a sharper spotlight on whether today’s valuation lines up with its book value. With revenue growing and a major long term supply agreement in place, the key issue for investors is how much of that story is already reflected in the stock. POET Technologies has returned 110.8% over the past 3 years, which places real weight on whether its current share price can be backed up by...

POET Technologies (NasdaqCM:POET) received a US$50 million purchase order from Lumilens under a new supply agreement. The Lumilens order relates to POET Technologies' optical interposer products for high-speed connections in AI and data center applications. The business plans to present its optical interposer platform at the China International Optoelectronic Expo and the Infostone Optical Communication and Market Technology Conference. The Lumilens supply deal and China conference showcases...