Kopin (KOPN) Reports Q3 Loss, Tops Revenue Estimates
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Kopin (KOPN) reported a Q3 loss of $0.03 per share, which was better than the Zacks Consensus Estimate of a $0.05 loss. This is a slight increase in loss compared to the $0.02 per share loss from the previous year.
November 12, 2024 | 3:00 pm
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Kopin reported a Q3 loss of $0.03 per share, better than the expected $0.05 loss, but worse than last year's $0.02 loss. Revenue estimates were exceeded.
Kopin's reported loss was smaller than expected, which is a positive surprise for investors. However, the loss increased compared to last year, which may concern some investors. The fact that revenue estimates were exceeded adds a positive note, likely leading to a short-term positive impact on the stock price.
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