Smart glass tech developer Research Frontiers' Q2 fee income declines
Smart glass tech developer Research Frontiers' Q2 fee income declines
Overview
US smart glass tech developer's Q2 fee income declined, while net loss narrowed yr/yr
Company cites reduced SPD film production as reason for lower Q2 results
Company added a new licensee and advanced new applications during the quarter
Outlook
Company says resource-related issues at Gauzy are nearing resolution
Result Drivers
SUPPLY CONSTRAINTS - Co said reduced SPD film production by principal suppliers temporarily impacted Q2 results
NEW LICENSEE - Co added a new licensee during Q2
ADVANCED APPLICATIONS - Co continued advancing new applications including black SPD technology
Company press release: ID:nGNX7HnY4h
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Loss Per Share |
| $0.02 |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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