eMagin Corporation Announces Fourth Quarter 2018 Financial Results
eMagin Corporation (EMAN)
NASDAQ:AMEX Investor Relations:
ir.emagin.com/investor-overview
Company Research
Source: Business Wire
HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)-- eMagin Corporation, or the “Company” (NYSE MKT: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, today announced financial results and corporate highlights for the fourth quarter ended December 31, 2018. “During 2018, we experienced growing demand for our products, especially from U.S. military and aviation programs, and expanded our presence among medical and other commercial customers. We sold to over 80 customers this past year and supplied products for over 20 new programs. At December 31, 2018, we had a backlog of non-binding purchase orders of approximately $10.6 million in products ordered for delivery through December 31, 2019, an increase of approximately $800,000 from our backlog of $9.8 million at December 31, 2017,” stated Andrew Sculley, Chief Executive Officer.
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