eMagin Corporation Announces Fourth Quarter and Full Year 2019 Results
eMagin Corporation (EMAN)
NASDAQ:AMEX Investor Relations:
ir.emagin.com/investor-overview
Company Research
Source: Business Wire
Revenue was $7.3 million and $26.7 million in the fourth quarter and for the full year of 2019Operational improvements and cost reduction efforts yield positive resultsEnters 2020 with approximately $11.7 million in backlog HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)--eMagin Corporation, or the “Company”, (NYSE American: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution near-eye imaging products, today announced results for fourth quarter and full year 2019.“We made significant progress on several fronts in 2019. From an operational perspective, the concerted effort by our entire workforce focused on production improvements and efficiencies, which led to improved manufacturing yields and production throughput as production volumes increased over 50% during the second half of 2019. Our R&D engineers and our manufacturing team have done an outstanding job and are committed to further identifying and implementing improvemen
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