Flexible Electronics News

eMagin Corporation Announces 2Q 2018 Financial Results

Notes 34% increase in quarterly revenue over 2017, improvement in product and contract gross margins.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced financial results and corporate highlights for the second quarter ended June 30, 2018.   Revenues for the second quarter of 2018 grew 34% to $7.1 million, an increase of $1.8 million from revenues of $5.3 million reported a year ago and up sequentially by $0.2 million from the first quarter of 2018.   Product revenues increased 34% to $6.2 million compared to $4.7 million in the second quarter of 2017. The increase in product revenue was due to growth from US and...

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