Kopin Q2 2024 Adj EPS $(0.05) Misses $(0.04) Estimate, Sales $12.23M Beat $9.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kopin (NASDAQ:KOPN) reported Q2 2024 adjusted EPS of $(0.05), missing the $(0.04) estimate, but achieved sales of $12.23M, beating the $9.94M estimate. Sales increased by 16.88% year-over-year.
August 08, 2024 | 11:31 am
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Kopin reported Q2 2024 adjusted EPS of $(0.05), missing the $(0.04) estimate, but achieved sales of $12.23M, beating the $9.94M estimate. Sales increased by 16.88% year-over-year.
While Kopin missed EPS estimates, it significantly beat sales estimates and showed strong year-over-year growth in sales. This mixed result may lead to neutral short-term price movement as investors weigh the earnings miss against the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100