OLED Microdisplay Contracts Buoyed eMagin Revenues in 2014
HOPEWELL JUNCTION, N.Y., March 18, 2015 — Organic LED microdisplays firm eMagin Corp. decreased its losses in 2014 as it forged ahead with new products and contracts.
The company reported a net loss of $5.3 million, or $0.22 per diluted share, an improvement over the net loss of $14.1 million, or $0.60 per diluted share, in 2013.
Revenues for 2014 were $25.7 million, down 8 percent from $28.0 million in 2013. The company projects revenues of $26 million to $29 million in 2015.
The number of displays shipped...