Flexible Electronics News

eMagin Corporation Announces 3Q 2016 Financial Results

Company prepares for launch of two consumer products at CES 2017.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced financial results and corporate highlights for the third quarter ended Sept. 30, 2016.   Revenues for the third quarter of 2016 were $4.3 million, down 20% from the third quarter of 2015. Product revenues totaled $3.5 million, 24% less than third quarter last year, primarily due to lower volumes from maturing military programs partially offset by a lower average price due to product mix. R&D contract revenues totaled approximately $769,000, consistent with the ...

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