eMagin reported their financial results for Q1 2013 - revenues rose 39% (compared to Q1 2012) to $8.5 million (the company reports record display sales). Net income was $205,000 (compared to a net loss of $452,000 in Q1 20122).
The company has around $14.4 in cash or equivalents (they paid a dividend on December 2012). eMagin affirmed their 2013 revenue guidance range of $34 million to $39 million. eMagin quotes insight media with their forecast of the microdisplay market - that is set to grow to almost 24 million units by 2017 (double the expected 12 million units in 2013).
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Posted: May 10,2013 by Ron Mertens
