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Research Frontiers Inc. develops and licenses patented SPD-Smart light-control film technology for smart glass products. Its technology allows variable shading of glass or plastic products and is licensed to companies involved in chemical emulsions, light-control film, laminated panels, electronics, lamination services and finished products.
Company news commonly covers financial results, license and royalty revenue, automotive OEM activity, aircraft electronically dimmable windows, architectural retrofit glazing, next-generation black SPD film and industry discussions around variable-tint automotive glazing. Updates also address applications in vehicles, aircraft, yachts, trains, homes, offices, museums and other buildings.
Research Frontiers (Nasdaq: REFR) has scheduled its third quarter 2024 financial results release and conference call for Thursday, November 7, 2024. The conference call will be held at 4:30 PM Eastern Time, led by President & CEO Joseph M. Harary. The call will cover Q3 2024 financial and operating results, along with recent developments. Participants can dial in at 1-888-334-5785, and questions can be submitted via email to Questions@SmartGlass.com. A replay will be available for 90 days starting November 8, 2024, at smartglass-ir.com.
Research Frontiers Inc. (Nasdaq: REFR) reported its Q2 2024 financial results, showcasing significant growth. Fee income increased by over 165% from Q2 2023 and 56% from Q1 2024, driven by higher royalties from automotive and aircraft markets. The company has experienced six consecutive quarters of year-over-year revenue growth. Total expenses decreased by approximately $105,000 compared to Q2 2023, resulting in a net loss of $94,000 ($0.00 per share). As of June 30, 2024, Research Frontiers had $1.9 million in cash and cash equivalents and $2.8 million in working capital, with no debt. The company expects continued revenue growth across all market segments as new products incorporating its SPD-SmartGlass technology are introduced.
Research Frontiers Inc. (Nasdaq: REFR) has announced its upcoming second quarter 2024 financial results release and conference call. The company will disclose its Q2 2024 financial and operating results on Thursday, August 1, 2024. A conference call led by President & CEO Joseph M. Harary is scheduled for the same day at 4:30 PM Eastern Time. Investors can dial in using the number 1-888-334-5785. Questions can be emailed to Questions@SmartGlass.com. A replay of the call will be available for 90 days starting Friday, August 2, 2024, at https://smartglass-ir.com/.
Research Frontiers and AIT Group have revealed the retrofittable Thermolite RetroWAL SPD-SmartGlass window at the AIA Conference in Washington, DC, on June 6-7, 2024. This advanced window technology allows users to adjust tint levels from clear to dark with ease and can be integrated into existing structures. The SPD-SmartGlass offers several benefits, including UV and infrared protection, heat reduction, and enhanced security. It also contributes to energy efficiency and CO2 emission reduction. The global smart glass market is projected to reach $124 billion by 2028, with a CAGR of 22.8% from 2023 to 2028, driven by architectural applications and regulatory incentives.
Research Frontiers Inc. (Nasdaq: REFR) released its first quarter 2024 financial results, reporting fee income increase by over 26% from the previous year, expecting revenue growth across all market segments, with a strong cash position and no debt, ensuring sufficient working capital for the next five years. A conference call will be held to discuss these results and recent developments.
Research Frontiers Inc. (Nasdaq: REFR) will release its first quarter 2024 financial results on May 9, 2024, followed by a conference call to discuss financial and operating results. Joseph M. Harary, President & CEO, will lead the call.
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