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Signs additional strategic partnership agreement with a major consumer electronics company.
March 31, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
eMagin Corporation announced financial results and corporate highlights for the fourth quarter and full year ended Dec. 31, 2016. Revenues for 2016 were $21.4 million, down 15% from 2015. Product revenues totaled $17.3 million, 17% less than last year, primarily due to lower volumes from maturing military programs and a larger portion of sales of displays with lower unit prices. R&D contract revenues totaled approximately $3.1 million, down 26% from 2015. The decline in R&D contract ...
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