OLED microdisplay maker eMagin reported its financial results for Q1 2022, with a strong quarter. Revenues were $7.4 million (up 9% from 2021), as production increased 27% compared to 2021. The company's operating loss declined to $1.2 million ($2 million in Q1 2021), and its net loss was $0.1 million ($1.3 million adjusted for changes in warrant liability).
eMagin reported strong bookings, and an open orders backlog of $13.6 million.
Notice: the author of this post holds some shares at eMagin
Posted: May 13,2022 by Ron Mertens
