OLED microdisplay maker eMagin announced reported its financial results for Q2 2020. Revenues reached $7.7 million, an increase of 44% from Q2 2019. Operating loss was $1.3 million (down from $2.8 million in Q2 2019).
eMagin says it continues to see strong demand for its microdisplays in the military market, and also in the medical market. At the end of the quarter eMagin's backlog was $13.3 million of products to be shipped in the next 12 months. Cash and equivalents at the end of the quarter were $11.5 million.