Kopin Corporation (NASDAQ:KOPN) manufacturer of wearable technologies and display products, is expected to report third quarter earnings results, before market open, on Tuesday 3rd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.02 per share.
Looking ahead, the full year loss are expected at $ 0.09 per share on the revenues of $ 34.23 million.
Previous Quarter Performance
Kopin Corporation unveiled loss for the second quarter of $ 0.01 per share, from the revenue of $ 8.81 million. The quarterly revenues improved 23.04 percent compared with the same quarter last year. Wall street analysts are predicting, KOPN to report 2Q20 loss of $ 0.05 per share from revenue of $ 6.43 million. The bottom line results beat street analysts by $ 0.04 or 80.00 percent, at the same time, top line results outshined analysts by $ 2.38 million or 37.01 percent.
Stock Performance
Shares of Kopin Corporation traded up $ 0.01 or 0.84 percent on Monday, reaching $ 1.20 with volume of 335.00 thousand shares. Kopin Corporation has traded high as $ 1.23 and has cracked $ 1.17 on the downward trend
The closing price of $ 1.20, representing a 526.32 % increase from the 52 week low of $ 0.19 and a 44.91 % decrease over the 52 week high of $ 2.16.
The company has a market capital of $ 101.96 million and is part of the Technology sector and Semiconductors industry.
Conference Call
Kopin Corporation will be hosting a conference call at 8:30 AM eastern time on 3rd November 2020, to discuss its 3Q20 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.
