eMagin (NYSEAMERICAN:EMAN) announced its quarterly earnings data on Thursday. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.03), MarketWatch Earnings reports. The firm had revenue of $6.87 million for the quarter, compared to the consensus estimate of $6.80 million.
Shares of NYSEAMERICAN EMAN opened at $1.42 on Friday. eMagin has a 1-year low of $1.23 and a 1-year high of $2.05.
Several equities analysts recently issued reports on EMAN shares. Zacks Investment Research upgraded eMagin from a “sell” rating to a “hold” rating in a research note on Wednesday, August 22nd. HC Wainwright set a $4.00 price objective on eMagin and gave the stock a “buy” rating in a research note on Friday, August 10th.
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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.
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