eMagin (NYSEAMERICAN:EMAN) issued its quarterly earnings data on Thursday. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01), Fidelity Earnings reports. The business had revenue of $7.92 million for the quarter, compared to analyst estimates of $7.20 million.
NYSEAMERICAN:EMAN traded down $0.01 during midday trading on Friday, hitting $0.37. 356,700 shares of the stock were exchanged, compared to its average volume of 104,914. eMagin has a one year low of $0.25 and a one year high of $1.51.
Several brokerages have recently issued reports on EMAN. Zacks Investment Research upgraded eMagin from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. Craig Hallum cut eMagin from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. Finally, HC Wainwright reissued a “buy” rating on shares of eMagin in a report on Wednesday, August 14th.
eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.
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