Kopin Corporation’s Q3 GAAP EPS of -$0.05 beats estimates by $0.01

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Kopin Corporation ($NASDAQ:KOPN) is a technology company that develops, manufactures and markets microdisplays, integrated microdisplays and modules, and other semiconductor and component technologies. Kopin’s Q3 GAAP EPS of -$0.05 beats estimates by $0.01. Despite the revenue decline, Kopin’s Q3 results were better than expected thanks to cost-cutting measures. Looking ahead, Kopin is optimistic about its prospects.

The company is working on several new projects, including a next-generation microdisplay for augmented reality applications. With its strong technology portfolio and growing customer base, Kopin is well positioned to continue its success in the market.

Earnings

Kopin Corporation, a US-based technology company, announced its financial results for the third quarter of the fiscal year 2022. In the earning report of FY2022 Q2 as of June 30, KOPIN CORPORATION earned 47.6M USD in total revenue, lost 12.5M USD in net income. Compared to previous year, there was a 4.2% increase in total revenue. Kopin Corporation’s total revenue reached from 40.1M USD to 47.6M USD in the last 3 years.

The company’s products include display modules, integrated circuits, software, and system solutions for wearables and other applications. Kopin’s products are used in a wide range of military, industrial, and consumer applications, including head-mounted displays for augmented reality and virtual reality systems, body-worn computers, and hands-free wearables for mobile workers and first responders.

About the Company

Market Price

Kopin Corporation, a leading developer, manufacturer and marketer of microdisplays, announced today that its GAAP EPS for the third quarter was -$0.05, beating estimates by $0.01. Shares of Kopin Corporation were down 1.9% today, opening at $1.1 and closing at $1.1. Kopin Corporation has been a leading developer, manufacturer and marketer of microdisplays for over two decades. The company’s products are used in a variety of consumer and military applications, including digital cameras, camcorders, thermal imaging systems and night vision devices.

Shares of Kopin Corporation were down 1.9% today, opening at $1.1 and closing at $1.1. Despite the stock’s decline today, Kopin remains a leader in the microdisplay market and is well-positioned for continued success in the future. Live Quote…

VI Analysis

KOPIN CORPORATION is a publicly traded technology company that designs, manufactures, and markets microdisplays, integrated display modules, and optics for consumer and military applications. Kopin’s products include: Microdisplays: Kopin manufactures and markets tiny, high-resolution displays that are used in a variety of consumer and military products, including digital cameras, camcorders, thermal weapon sights, and night vision goggles. Integrated display modules: Kopin also offers complete display modules that integrate its microdisplays with optics, electronics, and software. These modules are used in a variety of consumer and military products, including mobile phones, personal digital assistants , and Heads-Up Displays . Optics: In addition to microdisplays and display modules, Kopin also offers a variety of optics products, including lenses and lens assemblies. These products are used in a variety of consumer and military products, including digital cameras, camcorders, and night vision goggles. More…

VI Peers

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 Corp ($NASDAQ:VICR)

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 Corp ($NYSEAM:EMAN)

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 ($TWSE:8104)

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.

Summary

Kopin Corporation is a leading developer and manufacturer of wearable display technology and microdisplays used in a variety of consumer, military, and industrial applications. Kopin’s technology is also used in a variety of military applications, including night vision systems, pilot’s helmet-mounted displays, and vehicle-mounted displays. Kopin’s products offer several key advantages over other display technologies, including high brightness, low power consumption, and small form factor. These attributes make Kopin’s technology well-suited for use in a variety of wearables and other mobile devices.

Kopin is headquartered in Westborough, Massachusetts, and has offices in the United States, Asia, and Europe. The company is publicly traded on the Nasdaq Global Market under the ticker symbol KOPN.