Welcome to our dedicated page for Kopin news (Ticker: KOPN), a resource for investors and traders seeking the latest updates and insights on Kopin stock.
Kopin Corporation (KOPN) delivers cutting-edge optical solutions and wearable technologies for defense, simulation, and consumer markets. This dedicated news hub provides investors and industry professionals with timely updates on the company's technological advancements and strategic developments.
Access comprehensive coverage of Kopin's press releases, including product innovations, R&D milestones, and defense sector partnerships. Our curated collection features essential updates on microdisplay enhancements, spatial light modulation breakthroughs, and integrated wearable system deployments.
Stay informed about Kopin's position in emerging markets through verified reports on military application developments, consumer electronics collaborations, and simulation technology progress. All content maintains strict editorial standards to ensure factual accuracy and relevance for investment research.
Bookmark this page for streamlined access to Kopin's latest corporate announcements and technology disclosures. Regular updates provide critical insights into the company's engineering achievements and market strategy execution.
Kopin Corporation (NASDAQ: KOPN) will participate in the 11th Annual NYC Summit investor conference on December 13, 2022, alongside 12 other companies. The event will feature small group meetings allowing investors and analysts to interact with management teams. Presentation materials will be available on Kopin's website. Attendance is by invitation only for accredited investors and research analysts, with limited space requiring RSVP by December 1, 2022.
Solos, a manufacturer of smart glasses, is set to unveil its latest technology advancements at CES 2023. This includes the 3rd generation of their smart glasses, designed for enhanced wearability and connectivity in personal health and fitness. Following their recognition at CES 2022, Solos aims to showcase innovations that emphasize momentum in the tech industry. Their recent participation at the Wall Street Journal's Tech Live highlighted their role in emerging technology trends. The glasses are built for daily usage with a focus on style and functionality.
Kopin Corporation (Nasdaq: KOPN) reported a 23% increase in total revenues for Q3 2022, reaching $13.4 million compared to $10.9 million in Q3 2021. Defense revenues surged 115%, driving overall growth. However, the company incurred a net loss of $4.5 million, larger than the $2.1 million loss in the same period last year. Cost of product revenues rose to 81% of net revenues, impacted by a $1 million warranty charge due to a vendor quality issue. Cash reserves decreased significantly from $29.3 million at the end of 2021 to $15.0 million by September 2022.
Kopin Corporation (NASDAQ: KOPN) will announce its Q3 2022 financial results on November 1, 2022, at 8:30am ET. Key executives, including Chairman Dr. John C.C. Fan and CEO Michael Murray, will discuss the results, strategy, and business outlook during the call. Investors can join by dialing 1-888-394-8218 (U.S. and Canada) or 1-323-994-2093 (International), and a live webcast will be available on their website. Kopin specializes in advanced display and optical technologies for various applications.
Kopin Corporation (KOPN) will feature Dr. John C.C. Fan, its Founder and Chairman, in a panel discussion on October 7, 2022, at 12 PM ET. The event will focus on the current state of Augmented Reality and the Metaverse, and is accessible via their Twitter account @WSJPLUS. Kopin specializes in high-resolution micro-displays and sub-systems for defense, enterprise, and consumer applications within augmented and virtual reality sectors.
Kopin Corporation (NASDAQ: KOPN) announced a $3 million production order for a new weapon sight module, affirming its leadership in weapon sight eyepieces for military applications. The module features advanced augmented reality capabilities and utilizes their proprietary CyberDisplay technology, proven in over 250,000 systems. Expected deliveries will occur in 2023, and the order opens doors for potential follow-on contracts, particularly due to the ongoing situation in Europe, which presents further opportunities for the company.
Kopin Corporation (NASDAQ: KOPN) is set to present at the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, at 9:30 AM ET in New York City. CFO Richard Sneider will lead the presentation. A live webcast will be available on the investor relations section of Kopin's website. Kopin is a significant player in developing innovative display and optical technologies, supplying components for defense, industrial, and consumer products.
Kopin Corporation (Nasdaq: KOPN) announces the appointment of Michael Murray as CEO, effective September 6, 2022, succeeding founder Dr. John C. C. Fan, who remains Chairman. Dr. Fan emphasized the search for a successor and endorsed Murray's leadership for the company's growth. Murray brings extensive experience from roles at Ultra Electronics Group, Aceinna, and Analog Devices, focusing on technology and strategy. His leadership aims to enhance Kopin's position in micro-displays across defense, industrial, and consumer markets.
Kopin Corporation (Nasdaq: KOPN) reported Q2 2022 total revenues of $11.9 million, marking a 20% increase year-over-year, with product revenues rising 30%. The defense sector saw an impressive 87% growth in product revenues, driven by new orders for advanced display technologies. However, the industrial/enterprise sector experienced a 38% decline in revenues. Operating expenses rose due to increased R&D investments, and the net loss widened to $5.6 million. Despite these challenges, Kopin remains optimistic about future growth in defense and consumer markets.
FAQ
What is the current stock price of Kopin (KOPN)?
What is the market cap of Kopin (KOPN)?
