Kopin Announces Very Solid Results for Third Quarter of 2020
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Kopin Corp (KOPN) Tops Q3 EPS by 1c, Revenues Beat
November 3, 2020 7:37 AM ESTKopin Corp (NASDAQ: KOPN) reported Q3 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $9.5 million versus the consensus estimate of $8.2 million.
Our momentum continued in the third quarter for revenue growth as well as technology development. Total third quarter 2020 revenues increased 55% year- over- year, our strongest year- over- year growth in 10 quarters. We also made further progress in streamlining our cost structure, even as we continue to invest aggressively in next-generation OLED microdisplays, said Dr. John C.C. Fan, CEO of Kopin.
Our business was... More
