Kopin Corp is a technology company that specializes in developing and manufacturing advanced microdisplays and wearable technology components
Their products are primarily used in applications such as augmented reality and virtual reality systems, enhancing the user experience through high-resolution visualization and compact form factors. In addition to microdisplays, Kopin focuses on innovative solutions for various industries, including defense, industrial, and consumer electronics, aiming to drive advancements in interactive and immersive technologies.
KOPN reported Q1 2024 revenue decline to $10.0M, beating analyst estimate of $9.01M. Adjusted EPS loss of $(0.06) missed consensus of $(0.05). Stock price rose. Revenues from Defense grew 35%, while Industrial fell 39%. Product revenues up 18%, R&D revenues down 69%. Expects double-digit growth in 2024. Won contract for OLED microdisplay with low latency night vision sensor.
