OLED microdisplay maker eMagin posted its preliminary revenues for the second quarter of 2020 and backlog at June 30, 2020. eMagin estimates that revenues in Q2 2020 will be between $7.4 million to $7.7 million, a 38-44% increase from Q2 2019 and 10-15% increase from Q1 2020.
eMagin says that it has seen improvement in demand from both its military business and its consumer or commercial programs. The company's backlog as of June 30 was $14.8 million.
Disclosure: the author of this post holds some shares in eMagin
Posted: Jul 22,2020 by Ron Mertens
Here we go, Ron! :)