Kopin Third Quarter 2022 Earnings: Beats Expectations
Kopin (NASDAQ:KOPN) Third Quarter 2022 Results
Key Financial Results
Revenue: US$13.4m (up 23% from 3Q 2021).
Net loss: US$4.50m (loss widened by 111% from 3Q 2021).
US$0.048 loss per share (further deteriorated from US$0.024 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kopin Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are up 12% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Kopin (including 2 which are a bit concerning).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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