Kopin (KOPN) Set to Announce Quarterly Earnings on Tuesday

Kopin (NASDAQ:KOPN) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 14th. Analysts expect Kopin to post earnings of ($0.05) per share for the quarter.

Kopin (NASDAQ:KOPN) last announced its earnings results on Thursday, March 14th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.04). The business had revenue of $8.58 million for the quarter, compared to the consensus estimate of $9.19 million. Kopin had a negative net margin of 48.89% and a negative return on equity of 55.35%. During the same period in the previous year, the firm earned ($0.07) EPS. On average, analysts expect Kopin to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kopin Price Performance

Shares of Kopin stock opened at $0.81 on Thursday. The business’s fifty day moving average price is $1.64 and its two-hundred day moving average price is $1.77. The company has a market capitalization of $95.78 million, a P/E ratio of -4.49 and a beta of 2.56. Kopin has a 1-year low of $0.67 and a 1-year high of $2.82.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on KOPN. HC Wainwright reaffirmed a “buy” rating and set a $3.00 target price on shares of Kopin in a research note on Thursday, March 21st. StockNews.com raised Kopin to a “sell” rating in a research note on Friday, April 26th.

Kopin Company Profile

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.