What They Say
Kopin saw revenues up 14% for the year to $45.7 million, with a 41% boost in demand for spatial light modulators and with revenues up 120% for OLED products. Overall,, for Q4, the firm made a loss of $3.6 million and of $13.7 million for the year. Revenues were down 5.2% year on year for Q4.
What We Think
When I saw the headline that Kopin Reports Continued Strong Performance, I wondered if the firm might have actually scraped a profit, but not this time, or for the year. Who says that Western technology companies can’t have ‘patient investors’? Clearly, the result was better than 2019 and 2020, when the firm’s stock fell to very levels, but after rising in early 2021, they are heading back down. (BR)
