06:09 AM EDT, 03/18/2024 (MT Newswires) -- POET Technologies Inc. ( POET ) over the weekend said that it narrowed its fourth-quarter net loss to US$5.5 million ($7.4 million), or US$0.13 per share, from a loss of US$6.3 million, or US$0.17 per share, a year earlier.

Revenue for the quarter ended Dec. 31, 2023, was US$107,551, down from US$199,559 a year earlier.

Peter Charbonneau, POET's lead independent director and chairman of the corporate governance and nominating committee, has stepped down from the board for personal reasons. effective March 14.