Flexible Electronics News

eMagin Corporation Provides Update On Positive 4Q 2019, Announces Management Changes

Company currently estimates revenues in 4Q 2019 to be in a range between $7.1 million and $7.3 million, representing a 31% to 34% increase compared to 4Q 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced preliminary revenues for the fourth quarter of 2019 and 2019 year-end backlog. The company currently estimates revenues in the fourth quarter are to be in a range between $7.1 million and $7.3 million, representing a 31% to 34% increase compared to the fourth quarter of 2018. The revenue growth reflects increased demand in military end markets and the continued benefits of operating improvements in manufacturing yields and production throughput. At Dec. 31, 2019, t...

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