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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


Reuters Recommended Reads

  • Aug 5 - Acacia Research Q2 revenue jumps on IP licensing gains

  • Aug 5 - EyePoint Pharmaceuticals Q2 revenue drops on lower license income

  • Aug 6 - Tecnoglass Q2 revenue and profit beat estimates on strong demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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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