Kopin Provides Business Update and Second Quarter of 2020 Operating Results
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Kopin Corp (KOPN) Tops Q2 EPS by 4c, Revenues Beat
August 4, 2020 7:35 AM EDTKopin Corp (NASDAQ: KOPN) reported Q2 EPS of ($0.01), $0.04 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $6.7 million versus the consensus estimate of $6.43 million.
Q2 Product Revenues Increase 50% Year Over YearR&D and SG&A expenses Decline 41% Year over YearBreakthrough Developments with Dual-Stack OLED Micro DisplaysShipped First Production Order of OLED Backplane Wafers; Received Follow-on Order"We are very pleased that strong demand for our products continued in the second quarter with our total product revenues growing by 50%... More
