Kopin Corp KOPN.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of four analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -3 cents per share.
Revenue rose 25.7% to $13.32 million from a year ago; analysts expected $12.60 million.
Kopin Corp's reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $3.46 million.
Kopin Corp shares had risen by 2.8% this quarter and lost 63.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for Kopin Corp is 2.50
This summary was machine generated from LSEG data November 12 at 03:28 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jan. 1 0001 | -0.04 | -0.03 | Beat |
Jun. 30 2024 | -0.04 | -0.05 | Missed |
Mar. 31 2024 | -0.05 | -0.27 | Missed |
Dec. 31 2023 | -0.03 | -0.04 | Missed |
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