Kopin Corp reports results for the quarter ended in December - Earnings Summary

Kopin

14/03/2024 21:01

* Kopin Corp  KOPN.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -6
cents.  The mean expectation of two analysts for the quarter was
for a loss of 2 cents per share. 
    * Revenue fell 29.6% to $8.58 million from a year ago;
analysts
expected $9.03 million. 
    * Kopin Corp's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $6.49 million.
    * Kopin Corp shares had risen by 14.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Kopin Corp
is
$3.00 

This summary was machine generated from LSEG data March 14 at
09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.02          -0.04          Missed
 Sep. 30 2023      -0.04          -0.01          Beat
 Jun. 30 2023      -0.02          -0.06          Missed
 Mar. 31 2023      -0.03          -0.02          Beat