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Posts 13% revenue growth in Q1, 20% increase in backlog from year end.
May 14, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
eMagin Corporation announced financial results for the first quarter ended March 31, 2018. Revenues for the first quarter of 2018 grew 13% to $6.9 million, an increase of $0.8 million from revenues of $6.1 million reported a year ago and up sequentially by $0.5 million from the fourth quarter of 2017. Product revenues increased 34% to $5.9 million compared to $4.4 million in the first quarter of 2017. The year-on-year increase in product revenue was due to an increase in display revenues...
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