KOPIN CORPORATION ($NASDAQ:KOPN) reported their financial results for the second quarter of FY2023, ending June 30 2023, on August 10 2023. Total revenue was USD 10.5 million, a decrease of 12.2% from the same quarter the previous year. Net income was USD -8.2 million, compared to the loss of -5.6 million in the same quarter of the prior year.
The company’s stock opened at $1.8 and closed at the same price. Overall, KOPIN CORPORATION has shown an increase in both revenue and net income for the second quarter of FY2023. The company’s total assets and cash balance have also grown significantly compared to the previous quarter, increasing their financial stability and investor confidence. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Kopin Corporation. More…
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Cash Flow Snapshot
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Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kopin Corporation. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Kopin Corporation are shown below. More…
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At GoodWhale, we conducted an examination of KOPIN CORPORATION‘s fundamentals and found that the company has been classified as a ‘rhino’ on our Star Chart. This means that KOPIN CORPORATION has achieved moderate revenue or earnings growth. Investors who may be interested in KOPIN CORPORATION are those who are looking for moderate growth. The company has an intermediate health score of 4/10 with regard to its cashflows and debt, which suggests that it may be able to pay off debt and fund future operations. In terms of other aspects such as asset, dividend, growth, and profitability, KOPIN CORPORATION fares reasonably well. Overall, KOPIN CORPORATION appears to be a good option for investors who are looking for moderate growth. More…
Risk Rating Analysis
Star Chart Analysis
The company’s products are used in a variety of applications, including video eyewear, head-mounted displays, and medical and military equipment. Kopin’s competitors include Vicor Corp, eMagin Corp, and RiTdisplay Corp.
Vicor Corporation is a leading provider of power solutions. The company’s products enable the efficient generation, distribution, and utilization of power in industrial, commercial, and military applications. Vicor’s innovative solutions are used in a variety of end markets, including aerospace and defense, data centers, electric vehicles, factory automation, medical equipment, renewable energy, and telecommunications. The company’s products are based on its proprietary Power-on-Package technology, which utilizes silicon-based electrical components to deliver power in a more efficient and compact form factor than traditional power solutions.
Vicor’s market cap as of 2022 is 2.59B. The company has a Return on Equity of 4.77%. Vicor’s products enable the efficient generation, distribution, and utilization of power in industrial, commercial, and military applications. The company’s innovative solutions are used in a variety of end markets, including aerospace and defense, data centers, electric vehicles, factory automation, medical equipment, renewable energy, and telecommunications.
eMagin Corporation designs, develops, manufactures, and markets OLED-on-silicon microdisplays and virtual imaging products primarily in North America, Europe, and Asia. The company offers miniature displays that utilize OLED technology for use in near-eye imaging applications, including military, industrial, medical, and consumer products. Its microdisplays provide a high contrast ratio, a wide field of view, a large eyebox, and a low power consumption. The company provides its displays to original equipment manufacturers for incorporation into various virtual imaging systems, including head-mounted displays for military, industrial, and medical applications; augmented reality systems for military, industrial, and medical applications; heads-up displays for military aircraft; night vision goggles; thermal weapon sights; simulation and training systems; and consumer electronic devices, such as video eyewear and head-mounted displays. eMagin Corporation was founded in 1996 and is headquartered in Bellevue, Washington.
RiTdisplay Corp is a company that manufactures and sells display products. The company has a market cap of 2.52B as of 2022 and a Return on Equity of 4.63%. RiTdisplay Corp’s products include LCDs, OLEDs, and other display technologies. The company’s products are used in a variety of applications, including mobile devices, computers, and television displays.
KOPIN CORPORATION reported their second quarter FY2023 earnings on August 10 2023, showing total revenue of USD 10.5 million and a net income of USD -8.2 million. As such, investors may want to reassess their position in KOPIN CORPORATION, as their financial performance is not showing signs of improvement. They should keep an eye out for any further announcements or developments in the company that may affect their investment decisions.