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Display maker reports backlog of open orders of $13.8 million increased 26% from the end of 2020.
March 10, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
eMagin Corporation announced results for its fourth quarter and full-year 2021. Revenues for 2021 were $26 million, down 12% from $29.4 million in 2020. Product revenues totaled $24.2 million, representing a 3% decrease from $25.0 million in 2020, primarily due to unexpected downtime of manufacturing equipment and resulting capacity constraints, resulting in approximately $1.1 million in late orders that did not ship during 2021. Total revenues for the fourth quarter of 2021 were $7.2 mill...
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