eMagin announced FY16 Q4 result with net revenue of $4.5 million and net loss of $3.4 million. The revenue has slumped by almost 33% on a yearly basis and the net loss has increased by $1.3 million from an year ago.
For the complete FY16, the revenues amounted to $21.4 million with a net loss of $8 million. The annual results mirrored the quarterly trend with the revenues falling by 15% and the almost doubling of net loss of $4.0 million in FY15.