eMagin reported their financial results for Q4 2014. Revenues were $6.7 million (up 10% from Q4 2013), and operating loss was $1.6 million (down from $3.3 million in Q4 2013). eMagin has $6 million in cash balance, and the company expects revenues in 2015 to be $26-29 million.
eMagin reports good progress with their high-brightness direct-emission microdisplays, the HMD product they are developing in-house and the new backplane technology that is expected to cut power consumption by 30%.
Disclosure: the author of this post holds shares in eMagin
Posted: Mar 13,2015 by Ron Mertens