Exhibit 99.1

UNAUDITED CONDENSED FINANCIAL INFORMATION

Unaudited Pro Forma Condensed Consolidated Financial Information

EMCORE Corporation (“EMCORE” or the “Company”) has prepared unaudited pro forma condensed consolidated financial statements to assist readers in understanding the nature and effects of the sale of the Photovoltaics Business, which sale was completed on December 10, 2014, and the further effects of the Digital Products Sale (collectively, the “Asset Sales”), which was completed on January 2, 2015.

The Unaudited Pro Forma Condensed Consolidated Statements of Operations for the fiscal years ended September 30, 2014, 2013, and 2012 have been prepared with the assumption that the Asset Sales were completed as of October 1, 2011. The Unaudited Pro Forma Condensed Consolidated Balance Sheet as of September 30, 2014 has been prepared with the assumption that the Asset Sales were completed as of the balance sheet date.

The unaudited pro forma condensed consolidated financial statements do not purport to be indicative of the results of operations or the financial position which would have actually resulted if the Asset Sales had been completed on the dates indicated, or which may result in the future.

The unaudited pro forma financial information has been prepared by the Company based upon assumptions deemed appropriate by the Company’s management. An explanation of certain assumptions is set forth under the Notes to Unaudited Pro Forma Condensed Consolidated Financial Statements.

The unaudited pro forma financial information should be read in conjunction with the Company’s historical Consolidated Financial Statements and Notes thereto contained in the 2014 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission (“SEC”).

EMCORE CORPORATION

Unaudited Pro Forma Condensed Consolidated Statements of Operations

For the Year Ended September 30, 2014

(in thousands, except per share data)

See the accompanying notes which are an integral part of these unaudited pro forma condensed consolidated financial statements.

EMCORE CORPORATION

Unaudited Pro Forma Condensed Consolidated Statements of Operations

For the Year Ended September 30, 2013

(in thousands, except per share data)

See the accompanying notes which are an integral part of these unaudited pro forma condensed consolidated financial statements.

EMCORE CORPORATION

Unaudited Pro Forma Condensed Consolidated Statements of Operations

For the Year Ended September 30, 2012

(in thousands, except per share data)

See the accompanying notes which are an integral part of these unaudited pro forma condensed consolidated financial statements.

EMCORE CORPORATION

Unaudited Pro Forma Condensed Consolidated Balance Sheet

As of September 30, 2014

(in thousands)

See the accompanying notes which are an integral part of these unaudited pro forma condensed consolidated financial statements.

EMCORE CORPORATION

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1. SALE OF PHOTOVOLTAICS BUSINESS TO SOLAERO TECHNOLOGIES CORP. AND PLANNED SALE OF DIGITAL PRODUCTS BUSINESS TO NEOPHOTONICS CORPORATION.

On December 10, 2014, EMCORE Corporation, a New Jersey corporation (“EMCORE” or the “Company”), completed the sale of substantially all of the assets, and the transfer of substantially all of the liabilities, primarily related to or used in connection with the Company’s photovoltaics business, including EMCORE’s subsidiaries EMCORE Solar Power, Inc. and EMCORE IRB Company, LLC (collectively, the “Photovoltaics Business”) to SolAero Technologies Corp. (f/k/a Photon Acquisition Corporation) (“SolAero”), a Delaware corporation and an affiliate of private equity firm Veritas Capital, for $150.0 million in cash, subject to a working capital adjustment pursuant to that certain asset purchase agreement, dated as of September 17, 2014 (as amended, the “Photovoltaics Agreement”), by and between EMCORE and SolAero (such sale, the “Photovoltaics Sale”).

On January 2, 2015, the Company completed the sale of its tunable laser and transceiver product lines to NeoPhotonics Corporation (“NeoPhotonics”), pursuant to the asset purchase agreement dated October 22, 2014, as amended by Amendment No. 1 dated January 2, 2015 (the “Digital Products Agreement”) by and between EMCORE and NeoPhotonics (such sale, the “Digital Products Sale” and, together with the Photovoltaics sale, the “Asset Sales”). Pursuant to the terms and subject to the conditions of the Digital Products Agreement, on January 2, 2015, (i) NeoPhotonics acquired certain assets, and assumed certain liabilities, primarily related to or used in the Company’s telecommunications business (such assets and liabilities, the “Digital Products Business”). The Company sold the Purchased Assets to NeoPhotonics for an aggregate purchase price of $17.5 million, subject to certain adjustments described below (the “Purchase Price”), consisting of (i) $1.5 million in cash and (ii) a promissory note from NeoPhotonics in the principal amount of $16.0 million (the “Promissory Note”). The Promissory Note bears interest of 5.0% per annum for the first year and 13.0% per annum for the second year, payable semi-annually in cash, and matures two years from the closing of the Digital Products Sale.  In addition, the Promissory Note is subject to prepayment under certain circumstances and is secured by certain of the assets to be sold pursuant to the Digital Products Sale. The Purchased Assets include fixed assets and intellectual property for the ITLA, micro-ITLA, T-TOSA and T-XFP product lines and inventory for the ITLA and micro-ITLA product lines within the Company’s telecommunications business.  Pursuant to the Digital Products Agreement, the Purchase Price is subject to certain adjustments for inventory, net accounts receivable and pre-closing revenues, and the principal amount due under the Promissory Note will be increased or decreased, as applicable, by an amount corresponding to any such adjustment.

Following the closing of the Digital Products Sale, EMCORE continues to operate its fiber optics division which provides optical components, subsystems and systems for high-speed telecommunications, Cable Television (CATV) and Fiber-To-The-Premise (FTTP) networks, as well as products for satellite communications, video transport and specialty photonics technologies for defense and homeland security applications.

2. UNAUDITED PRO FORMA ADJUSTMENTS (in thousands)

The following notes describe the basis for and/or assumptions regarding certain of the pro forma adjustments included in EMCORE’s unaudited pro forma condensed consolidated financial statements:

(a) The amounts being eliminated represent the revenues, cost of revenues, and operating and other expenses that are attributable to the sale of the Photovoltaics Business. The adjustments do not include the revenues, cost of revenues, and operating and other expenses attributable to the terrestrial solar module applications, which product lines were sold in fiscal year 2012.

(b) The amounts being eliminated represent the revenues, cost of revenues, and operating and other expenses that are attributable to the sale of the Digital Products Business. EMCORE has maintained separate accounting records for the Digital Products Business as it represents one of the two operating divisions within the fiber optics reporting segment. The allocation of corporate expenses is based on a combination of factors including assets, revenues and personnel costs. The adjustments do not include the revenues, cost of revenues and operating and other expenses attributable to the Vertical Cavity Surface Emitting Laser product lines, which product lines were sold in fiscal year 2012.

(c) The amount represents the interest expense associated with the credit and security agreement, dated November 11, 2010, by and between EMCORE Corporation and Wells Fargo Bank, National Association (as amended, the “Credit Facility”), that would not have been incurred assuming a portion of the net proceeds from the Photovoltaics Sale was used to repay outstanding borrowings under the Credit Facility as of October 1, 2011. The remaining amount of interest expense primarily represents fixed commitment fees and facility costs associated with the Credit Facility.

(d) The annualized interest income for the Promissory Note based on the terms of the note is assumed to be the following but is not reflected in the unaudited pro forma condensed consolidated financial statements as the note receivable may be prepaid at any time without penalty:

(e) During the quarter ended September 30, 2014, the Company determined that it was more likely than not that certain deferred tax assets would be realized upon the closing of the Photovoltaics Sale. Accordingly, a net deferred tax valuation allowance release of $24.1 million was recorded as an income tax benefit during fiscal year 2014 (the “Income Tax Benefit”). We expect that substantially all of the $24.1 million in deferred tax assets will be used in fiscal year 2015 when income tax expense is recorded as a result of closing the Photovoltaics Sale on December 10, 2014. The deferred tax valuation allowance is based primarily on estimates related to the taxable gains and losses on the sales of the Photovoltaics Business and Digital Products Business as well as estimates related to future taxable income.

Since the pro forma condensed consolidated statement of operations have been prepared with the assumption that the Asset Sales were completed as of October 1, 2011, the effect of the Income Tax Benefit has been reversed in the Unaudited Pro Forma Condensed Consolidated Statement of Operations for the year ended September 30, 2014 and the Unaudited Pro Forma Condensed Consolidated Balance Sheet as of September 30, 2014.

No pro forma adjustment for income tax expense has been presented in the Unaudited Pro Forma Condensed Consolidated Statement of Operations for the years ended September 30, 2013 and 2012 because any income tax expense or benefit resulting from the Asset Sales would be offset due to the existence of significant deferred tax assets, including net operating loss carryforwards for EMCORE.

(f) Weighted average shares outstanding has been adjusted to reflect the accelerated vesting of shares by named executive officers and employees of the Photovoltaics Business upon the completion of the Photovoltaics Sale.

(g) Recording of the disposition of the Photovoltaics Business. The amounts include the assets and liabilities that historically have been reported as part of the Company’s photovoltaics reporting segment as well as assets and liabilities primarily related to the Company’s photovoltaics business that historically have been reported as part of the Company’s unallocated corporate division, in each case, that were transferred in the Photovoltaics Sale.

(h) Net book value of Photovoltaics Business:

(i) Recording of the disposition of the Digital Products Business. The amounts include the assets and liabilities that historically have been reported as part of the Company’s fiber optics reporting segment that are being transferred in the Digital Products Sale.

(j) Net book value of Digital Products Business:

(k) Recording of sale proceeds, net of estimated closing costs, for the sale of the assets and liabilities of the Photovoltaics Business less the assumed repayment of outstanding borrowings under the Credit Facility: