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Revenues for 2Q 2016 were $5.5 million, down 21% from 2Q 2015.
August 11, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
eMagin Corporation announced financial results and corporate highlights for the second quarter ended June 30, 2016. Revenues for the second quarter of 2016 were $5.5 million, down 21% from the second quarter of 2015. Product revenues totaled $4.8 million, 12% less than second quarter last year, primarily due to lower volumes on government contracts and the previously mentioned manufacturing issues. R&D contract revenues totaled approximately $752,000, an increase of 7% sequentially f...
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