eMagin, the OLED microdisplay maker, reported their financial results for Q3 2014. Revenues in Q3 were $5.7 million (down from $6.3 million in Q3 2014), and the net loss was $1 million. The company has about $6 million in cash and equivalents, up from $5.6 million in June 2014. 
eMagin XGA096 OLED-XL
The lower-than-expected revenues were due to scheduled maintenance on the OLED deposition tools (eMagin did not produce displays for a month during the quarter), the bonding stop-ship event from Q1 which means that eMagin is still not shipping to those two large customers (shipments are expected to resume in 2015).
Disclosure: the author of this post holds shares in eMagin
Posted: Nov 16,2014 by Ron Mertens
