eMagin (EMAN) Announces Earnings Results, Hits Estimates

eMagin (NYSEAMERICAN:EMAN) posted its quarterly earnings results on Thursday. The semiconductor company reported ($0.03) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.03), MarketWatch Earnings reports. The company had revenue of $6.87 million during the quarter, compared to analyst estimates of $6.80 million.

eMagin stock traded down $0.06 during midday trading on Friday, reaching $1.42. The company’s stock had a trading volume of 54,960 shares, compared to its average volume of 152,964. eMagin has a 52 week low of $1.23 and a 52 week high of $2.05.

A number of research analysts have issued reports on the company. HC Wainwright set a $4.00 target price on eMagin and gave the company a “buy” rating in a research report on Friday, August 10th. Zacks Investment Research upgraded eMagin from a “sell” rating to a “hold” rating in a research report on Wednesday, August 22nd.

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eMagin Company Profile

eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL.

Read More: Retained Earnings

Earnings History for eMagin (NYSEAMERICAN:EMAN)

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