eMagin Corporation Announces Second Quarter 2019 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 American: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution near-eye imaging products, today announced financial results and corporate highlights for the second quarter ended June 30, 2019.“Our production during the second quarter continued to be impacted by manufacturing challenges and led to disappointing results for the Company. We have implemented several measures and are seeing yields and production volumes recovering,” stated Jeffrey Lucas, President and CFO.“It is critical that we improve stability in our manufacturing processes with the goal of stemming operating losses and reaching a break-even financial position. We have made improving yields, increasing production volumes and fulfilling our customer orders the highest priorities throughout the Company. We are accelerating our ongoing efforts including several significant
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