Kopin Provides Business Update and Second Quarter 2019 Operating Results
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Kopin Corp (KOPN) Tops Q2 EPS by 3c
August 8, 2019 7:35 AM EDTKopin Corp (NASDAQ: KOPN) reported Q2 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $4.44 million versus the consensus estimate of $7.16 million.
We took a number of major strategic steps during the quarter to monetize our intellectual property (IP) and reduce our cost structure. We expect these changes to allow us to focus on our core microdisplay component and subsystem business for military and enterprise, where Kopin is an industry leader and derives most of its revenue, said Dr. John C.C. Fan, CEO of... More
