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eMagin Increases Military Sales

emagin

OLED microdisplay maker eMagin Corporation posted Q3 net losses of $2.99 million, up on losses of $2.43 million a year ago, on revenue of $4.28 million, down slightly from $4.31 million. For the nine months there were losses of $7.26 million, compared with losses of $4.58 million, on turnover which fell to $15.61 million from $16.84 million. Thanks to military demand for displays, Q3 product sales rose to $4.0 million from $3.5 million. The company said that the production issues it had experienced have now been sorted out.