eMagin (EMAN) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS
eMagin (NASDAQ:EMAN) released its earnings data on Tuesday. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.02) by $0.05, Analyst Ratings Network.com reports. The company had revenue of $6.30 million for the quarter, compared to the consensus estimate of $8.50 million.
Shares of eMagin (NASDAQ:EMAN) traded up 0.35% on Tuesday, hitting $2.83. 67,493 shares of the company’s stock traded hands. eMagin has a 52 week low of $2.20 and a 52 week high of $4.00. The stock has a 50-day moving average of $2.49 and a 200-day moving average of $2.67. The company’s market cap is $67.3 million.
eMagin Corporation (NASDAQ:EMAN) is engaged in the manufacture of microdisplays using OLED (organic light emitting diode) technology.
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