Brief: Emagin Corp - Estimates Revenues In Q2 Will Be Between $7.4 Million To $7.7 Million

eMagin

21/07/2020 13:41

July 21 (Reuters) - eMagin Corp  EMAN.A :
    * EMAGIN CORP - ESTIMATES REVENUES IN Q2 WILL BE BETWEEN
$7.4
MILLION TO $7.7 MILLION
    * EMAGIN CORP - ESTIMATED IMPROVEMENT IN Q2 PRELIM REVENUE
REFLECTS EXPECTED STRENGTH IN MILITARY DEMAND, INCREASED REVENUE
FROM COMMERCIAL PROGRAMS
    * EMAGIN CORP - AT JUNE 30 BACKLOG OF OPEN ORDERS WAS $14.8
MILLION, INCL. $13.6 MILLION ORDERS SHIPPABLE WITHIN 12 MONTHS
    * EMAGIN CORP - AS OF JUNE 30, 2020, HAD CASH OF $5.3
MILLION,
REVOLVING CREDIT LOAN BALANCE OF $0.4 MILLION
    * EMAGIN CORP - JUNE 30, 2020 CASH BALANCE INCLUDES $1.96
MILLION
PROCEEDS FROM LOAN UNDER PAYCHECK PROTECTION PROGRAM, WHICH CO
EXPECTS TO BE FORGIVABLE

Source text: [ID:https://bit.ly/2WGZAmg]
Further company coverage:  EMAN.A 

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