POET Technologies Reports Second Quarter 2026 Results: Revenue Up 112% Year-Over-Year in Sixth Consecutive Quarter of Sequential Growth

TORONTO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ:POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2026. Revenue was $569,925, up 13% from the first quarter and 112% from the second quarter of 2025 — the Company’s sixth consecutive quarter of sequential revenue growth. Net loss narrowed to $11.3 million, or ($0.07) per share, from $12.3 million in the first quarter. The Company ended the quarter with $796.3 million in cash and short-term investments following completion of its $400 million financing in May. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated.