eMagin reports record sales and earnings, lower royalties expenses

eMagin issued financial results for its second quarter ending June 30, 2009. eMagin posted record sales and profits - they had 5.9M$ in sales, and 1.3M$ net income.

eMagin are seeing increased acknowledgment by customers of the advantages of their proprietary OLED microsidplay technology, and also lower royalties expenses - this is probably because OLED patents are starting to expire, and also they might have negotiated better deals with IP companies.

Posted: Aug 13,2009 by Ron Mertens

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The Little Company that wouldn't die is thriving.