Kopin Q2 EPS $(0.07) Misses $(0.02) Estimate, Sales $10.46M Beat $10.29M Estimate
Portfolio Pulse from mahesh@benzinga.com
Kopin Corporation reported Q2 earnings per share (EPS) of $(0.07), missing the analyst consensus estimate of $(0.02) by 250 percent. This is a 16.67 percent decrease from the same period last year. However, the company's quarterly sales of $10.46 million beat the analyst consensus estimate of $10.29 million by 1.65 percent, despite being a 12.17 percent decrease from the same period last year.
August 10, 2023 | 8:20 pm
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Kopin's Q2 earnings missed estimates significantly, which could negatively impact investor sentiment. However, the company's sales beat estimates, which could provide some positive sentiment.
Kopin's Q2 earnings missed estimates by a large margin, which could lead to negative sentiment among investors and potentially a decrease in the stock price. However, the company's sales beat estimates, which could provide some positive sentiment and potentially offset some of the negative impact from the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100