Kopin Corporation Reports Very Solid Results for Fourth Quarter and Full Year 2020

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Kopin Corp (KOPN) Tops Q4 EPS by 3c, Revenues Beat

March 2, 2021 7:32 AM EST

Kopin Corp (NASDAQ: KOPN) reported Q4 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $13.9 million versus the consensus estimate of $9.33 million.

We are delighted to have finished 2020 with very strong results in both our top and bottom lines, with revenue growth of 36% year-over-year and increased efficiency in our operations. Our fourth quarter 2020 revenue growth was particularly strong, growing 60% from a year ago, our strongest quarterly year-over-year growth since the fourth quarter of 2017. We also made great progress in streamlining our cost structure along with increasing our product... More