Kopin Beats Revenue Estimates Despite Dip, Eyes Growth With New Defense Contracts
Kopin Beats Revenue Estimates Despite Dip, Eyes Growth With New Defense Contracts
Kopin Corp (NASDAQ:KOPN) reported a fiscal first-quarter 2024 revenue decline of 7% year-on-year to $10.0 million, beating the analyst consensus estimate of $9.01 million.
科平公司（纳斯达克股票代码：KOPN）报告称，2024财年第一季度收入同比下降7％，至1,000万美元，超过了分析师共识估计的901万美元。
Adjusted EPS loss of $(0.06) missed the analyst consensus estimate loss of $(0.05). Adjusted EPS excludes litigation damages of $24.80 million or $0.21 per share. The stock price gained after the print.
调整后的每股收益亏损0.06美元，未达到分析师共识估计的亏损0.05美元。调整后的每股收益不包括2480万美元或每股0.21美元的诉讼赔偿金。印刷后股价上涨。
Defense product revenues increased 28%, partially offset by a 17% decrease in Industrial product revenues.
国防产品收入增长了28％，部分被工业产品收入下降17％所抵消。
Product revenues increased by 18% Y/Y to $9.03 million, while funded R&D revenues fell 69% Y/Y as certain defense development programs were over.
由于某些国防发展计划的结束，产品收入同比增长18％，至903万美元，而资助的研发收入同比下降69％。
The company held $21.8 million in cash and equivalents as of March 30.
截至3月30日，该公司持有2180万美元的现金及等价物。
Michael Murray, Chief Executive Officer, stated, "We continue to believe that 2024 revenues will have double digit-growth as the first quarter marked the entrance of new customers and projects, including a new development project with the Navy Air Warfare Center for research in advanced high frame rate lens-less display architectures. Also in the first quarter, Kopin received a $20.5M order for a new weapon sight configuration deliverable in 2024 and 2025. Furthermore, the company also received a $1.4M order for a specialized weapon sight."
首席执行官迈克尔·默里表示：“我们仍然相信，2024年的收入将实现两位数的增长，因为第一季度标志着新客户和新项目的到来，包括与海军空战中心合作的研究先进的高帧率无镜头显示架构的新开发项目。同样在第一季度，科平收到了2,050万美元的新武器瞄准器配置订单，该配置将于2024年和2025年交付。此外，该公司还收到了140万美元的特种武器瞄准器订单。”
Outlook: Kopin expects double-digit revenue growth in 2024 Y/Y against analyst consensus of $45.49 million.
展望：Kopin预计2024年收入同比增长两位数，而分析师共识为4549万美元。
Yesterday, the company disclosed winning a contract from a new Defense customer to support the integration of Kopin's organic light emitting diode (OLED) microdisplay with a power efficient low latency digital night vision sensor (PEDBNVIS), for use in next generation warfighter integrated visual acuity systems.
昨天，该公司透露赢得了一位新的国防客户的合同，该合同旨在支持将Kopin的有机发光二极管（OLED）微显示器与节能的低延迟数字夜视传感器（PEDBNVIS）集成在一起，用于下一代战士集成视力系统。
Price Action: KOPN shares traded higher by 3% at $0.7854 at the last check Tuesday.
价格走势：在周二的最后一次检查中，KOPN股价上涨了3％，至0.7854美元。