UniPixel (UNXL) Misses Q1 EPS by 4c, Miss on Revenues

UniPixel (NASDAQ: UNXL) reported Q1 EPS of ($0.15), $0.04 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $1.3 million versus the consensus estimate of $1.81 million.

Financial highlights for the First Quarter:

• Revenue for the first quarter totaled $1.3 million compared to $0.9 million for the first quarter of 2016.
• During Q1 2017 the Company was awarded its 26th design win from a major Japan-based PC manufacturer.
• Company closed financing transactions totaling $13 million in Q1 2017.
• The Company entered into a long-term agreement with a U.S.-based PC manufacturer to supply XTouch sensors.
• Company shipped more than three-quarters of a million sensors to major national wireless carrier since Q3 2016 for consumer tablet program.
• Company announced XTouch results from in-house repeated fold testing for upcoming new flexible display technology opportunities.

For earnings history and earnings-related data on UniPixel (UNXL) click here.

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