Flexible Electronics News

eMagin Expects 1Q 2011 Revenue of Approximately $5.5 Million

Company reaffirms 2011 revenue guidance range

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced that revenues for the first quarter of fiscal 2011 will be approximately $5.5 million due to production issues and a slower pace of manufacturing following preventative maintenance in the first quarter. The company has been taking a number of steps to restore its production schedule, including running extra shifts on weekends. The company is maintaining its 2011 revenue guidance of $35 million to $40 million based on its current backlog of orders under existing c...

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