Kopin (KOPN) to Release Quarterly Earnings on Tuesday

Kopin (NASDAQ:KOPN - Get Free Report) is set to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Kopin to post earnings of ($0.05) per share for the quarter.

Kopin (NASDAQ:KOPN - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). Kopin had a negative net margin of 114.11% and a negative return on equity of 131.82%. The firm had revenue of $12.34 million for the quarter, compared to analyst estimates of $9.32 million. During the same quarter last year, the business posted ($0.07) earnings per share. On average, analysts expect Kopin to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kopin Trading Down 3.2 %

NASDAQ:KOPN traded down $0.03 during mid-day trading on Tuesday, reaching $0.80. 464,874 shares of the stock were exchanged, compared to its average volume of 1,479,613. Kopin has a 1-year low of $0.56 and a 1-year high of $2.82. The firm has a market capitalization of $97.31 million, a PE ratio of -2.08 and a beta of 2.60. The business has a fifty day moving average price of $0.80 and a 200 day moving average price of $0.85.

Analyst Ratings Changes

KOPN has been the topic of a number of research reports. StockNews.com downgraded shares of Kopin from a "hold" rating to a "sell" rating in a report on Wednesday, October 23rd. HC Wainwright reaffirmed a "buy" rating and issued a $3.00 price target on shares of Kopin in a report on Monday, October 21st. Finally, Stifel Nicolaus reduced their price objective on Kopin from $3.00 to $2.50 and set a "buy" rating for the company in a research note on Friday, August 9th.

About Kopin

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.

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