Kopin Provides Business Update and First Quarter 2020 Operating Results
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Kopin Corp (KOPN) Tops Q1 EPS by 1c, Revenues Beat
May 5, 2020 7:40 AM EDTKopin Corp (NASDAQ: KOPN) reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $7.9 million versus the consensus estimate of $5.92 million.
Q1 Revenues Increase 42%; R&D and SG&A Decline 49%Defense Product Revenues Increase 144%Company Receives Initial Order for 720P and 2K OLED Micro Display Backplane WafersWe are pleased with the strong start to the year, reflecting ongoing demand from defense customers, continued success in streamlining our cost structure and most importantly, the dedication of our employees, said Dr.... More
