Kopin Corporation (NASDAQ:KOPN) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, KOPN is expected to report 2Q20 loss of $ 0.05 per share from revenue of $ 6.43 million.
For the full year, analysts anticipate top line of $ 30.91 million, while looking forward to loss of $ 0.17 per share bottom line.
Previous Quarter Performance
Kopin Corporation disclosed loss for the first quarter of $ 0.04 per share, from the revenue of $ 7.88 million. The quarterly revenues boosted 42.24 percent compared with the same quarter last year. Street analysts expected Kopin Corporation to report loss of $ 0.05 per share on revenue of $ 5.92 million for the first quarter. The bottom line results beat street analysts by $ 0.01 or 20.00 percent, at the same time, top line results outshined analysts by $ 1.96 million or 33.11 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of KOPN was $ 2.14, representing a 1,026.32 % increase from the 52 week low of $ 0.19 and a 0.93 % decrease over the 52 week high of $ 2.16.
The company has a market capital of $ 181.71 million and is part of the Technology sector and Semiconductors industry.
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Conference Call
Kopin Corporation will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kopin.com
Kopin Corporation invents, develops, manufactures, and sells various components and systems in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, optical lenses, and audio integrated circuits, as well as SOLOS smart glasses, which are hands-free head-worn devices that obtain information from sensors or the Internet via a smartphone and displays the information on the sunglass lens. The companys products are used in industrial and public safety applications; consumer augmented and virtual reality wearable headsets; soldier, avionic, and military armored vehicle applications; 3D optical inspection systems; and training and simulation markets.
