Flexible Electronics News

eMagin Corporation Announces 1Q 2016 Financial Results

Revenues for the first quarter of 2016 were $7.0 million, an increase of 17%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced financial results and corporate highlights for the first quarter ended March 31, 2016.   Revenues for the first quarter of 2016 were $7.0 million, an increase of 17% from the first quarter of 2015, and included $1.0 million of licensing revenue from the agreement signed in December.   Product revenues (primarily display sales) totaled $5.3 million, 4% more than first quarter last year. The higher product revenues were primarily due to product mix as customers pur...

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