Kopin Q4 2023 GAAP EPS $(0.06) Misses $(0.04) Estimate, Sales $8.578M Miss $9.029M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kopin Corporation (NASDAQ:KOPN) reported Q4 2023 earnings with a GAAP EPS of $(0.06), missing the $(0.04) estimate, and sales of $8.578M, missing the $9.029M estimate. This represents a 29.60% decrease in sales compared to the same period last year.
March 14, 2024 | 8:03 pm
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Kopin Corporation reported lower than expected Q4 2023 earnings and sales, missing estimates and showing a significant decrease in sales compared to the previous year.
Kopin's reported earnings and sales not only missed the analyst estimates but also showed a substantial year-over-year decline in sales. This negative performance is likely to impact investor sentiment and could lead to a decrease in the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100