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Stock impact report

Kopin Reports Solid Results for First Quarter 2021

Kopin Corporation (KOPN) 
Last kopin corporation earnings: 5/9 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: kopin.com/investors/overview/default.aspx
Company Research Source: Business Wire
Q1 2021 Total Revenues Increase 48% Year over YearResearch & Development Revenues Increase 82% Year over YearNet Cash Used in Operating Activities was $0.2 Million for Q1 2021 versus $3.9 million in Q1 2020 WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (Nasdaq: KOPN), a leading provider of high-resolution micro-displays and sub-systems for defense, enterprise and consumer augmented reality (AR), virtual reality (VR) and mixed reality (MR) systems, today provided an update on its business initiatives and reported financial results for the first quarter ended March 27, 2021."We are pleased with the strong start to the year, reflecting increasing demand from customers in multiple market segments,” said Dr. John C.C. Fan, Kopin’s CEO. “Revenues increased by approximately 48% in the first quarter of 2021 as compared to the first quarter of 2020, primarily driven by our defense production and funded development programs where we now have more than 10 programs in various stages o Show less Read more
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