Kopin Shares Rise Sharply After Q2 Results

MT Newswires Live08-12

Kopin (KOPN) shares were up more than 20% in Tuesday afternoon trading following its Q2 results.

Late Monday, the company reported a break-even per share in Q2, compared with a net loss of $0.03 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended June 27 was $12.7 million, up from $8.5 million a year earlier.

Analysts expected $11.7 million.

Price: 5.08, Change: +0.87, Percent Change: +20.67

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