eMagin (NYSEAMERICAN:EMAN) Posts Quarterly Earnings Results, Meets Estimates

eMagin (NYSEAMERICAN:EMAN) released its earnings results on Thursday. The semiconductor company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01), Fidelity Earnings reports. The firm had revenue of $7.92 million during the quarter, compared to analyst estimates of $7.20 million.

EMAN traded down $0.01 during trading on Friday, reaching $0.37. The stock had a trading volume of 356,700 shares, compared to its average volume of 104,914. eMagin has a 1-year low of $0.25 and a 1-year high of $1.51.

A number of equities research analysts have weighed in on the company. Craig Hallum downgraded eMagin from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th. Zacks Investment Research upgraded eMagin from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, HC Wainwright restated a “buy” rating on shares of eMagin in a research report on Wednesday, August 14th.

eMagin Company Profile

eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.

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Earnings History for eMagin (NYSEAMERICAN:EMAN)

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