Emagin Result 19/08/2015

Emagin Corporation has released its second quarter results, narrowing its net loss in Q2 to $66,000 from a net loss of $1 million in Q2 of the previous year, on turnover which was flat at $7 million. For the first six months of the year, the company recorded a net profit of $195,000 on turnover of $13 million, which compares with a net loss for the same period of last year of $2.6 million on turnover of $13.3 million. The company said that its improved financial results were due to increased contract revenues, as well as lower manufacturing costs and operating expenses.