eMagin posted their financial results for 4Q 2010 - $8 million in revenue - a 19% increase over 4Q 2009. The company says that they see an increased demand for their OLED microdisplays and they now over 185 customers in 32 countries. Net income for the fourth quarter was $10.2 million - which includes a $9.1 million tax benefit.
The company expects to record total revenue of $35 million to $40 million during 2011. eMagin reported $30.5 million in revenue in 2010, so they are projecting a 14%-30% increase year over year.
Posted: Mar 17,2011 by Ron Mertens
