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（納斯達克股票代碼：KOPN）報告稱，2024財年第一季度收入同比下降7％，至1,000萬美元，超過了分析師共識估計的901萬美元。
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.
調整後的每股收益虧損0.06美元，未達到分析師共識估計的虧損0.05美元。調整後的每股收益不包括2480萬美元或每股0.21美元的訴訟賠償金。印刷後股價上漲。
Defense product revenues increased 28%, partially offset by a 17% decrease in Industrial product revenues.
國防產品收入增長了28％，部分被工業產品收入下降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.
由於某些國防發展計劃的結束，產品收入同比增長18％，至903萬美元，而資助的研發收入同比下降69％。
The company held $21.8 million in cash and equivalents as of March 30.
截至3月30日，該公司持有2180萬美元的現金及等價物。
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."
首席執行官邁克爾·默裏表示：“我們仍然相信，2024年的收入將實現兩位數的增長，因爲第一季度標誌着新客戶和新項目的到來，包括與海軍空戰中心合作的研究先進的高幀率無鏡頭顯示架構的新開發項目。同樣在第一季度，科平收到了2,050萬美元的新武器瞄準器配置訂單，該配置將於2024年和2025年交付。此外，該公司還收到了140萬美元的特種武器瞄準器訂單。”
Outlook: Kopin expects double-digit revenue growth in 2024 Y/Y against analyst consensus of $45.49 million.
展望：Kopin預計2024年收入同比增長兩位數，而分析師共識爲4549萬美元。
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，該公司透露贏得了一位新的國防客戶的合同，該合同旨在支持將Kopin的有機發光二極管（OLED）微顯示器與節能的低延遲數字夜視傳感器（PEDBNVIS）集成在一起，用於下一代戰士集成視力系統。
Price Action: KOPN shares traded higher by 3% at $0.7854 at the last check Tuesday.
價格走勢：在週二的最後一次檢查中，KOPN股價上漲了3％，至0.7854美元。
譯文內容由第三人軟體翻譯。