Key Developments: eMagin Corp (EMAN.A)
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1 Aug 2013
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Latest Key Developments (Source: Significant Developments)
eMagin Corp Lowers FY 2013 Revenue Guidance
eMagin Corp lowered its fiscal 2013 revenue guidance to a range of $32-$35 million from $34-$39 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $36 million for fiscal 2013. Full Article
eMagin Corp Reaffirms FY 2013 Revenue Guidance
eMagin Corp affirmed its 2013 revenue guidance and expects range of $34 million to $39 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $38 million for fiscal 2013. Full Article
eMagin Corp Announces Special Dividend
eMagin Corp announced that announced that its Board of Directors has authorized a special dividend of $0.10 per share to all common shares and preferred shares (on an as-converted basis), payable on December 26, 2012, to shareholders of record as of December 20, 2012. Full Article
eMagin Corp Reaffirms FY 2012 Revenue Guidance
eMagin Corp announced that it is reaffirming its total revenue guidance of $30 million to $34 million for fiscal 2012. Full Article
eMagin Corp Reaffirms FY 2012 Revenue Guidance-Conference Call
eMagin Corp announced that it is reaffirming its total revenue guidance of $30 million to $34 million for fiscal 2012. Full Article
eMagin Corp Wins $2.4 Million R&D Contract From U.S. Navy For High Brightness 2,000 By 2,000 Pixel OLED Microdisplay
eMagin Corp announced that it has received a $2.4 million contract from the U.S. Navy for research and development of a high-brightness 2,000 x 2,000 pixel OLED microdisplay. The $1.1 million Phase I of the project will begin immediately and run through September 2012 when the $1.3 million Phase II option period, which runs an additional 12 months, begins. The proposed work in this program will leverage the accomplishments of prior Night Vision and Electronic Sensors Directorate (NVESD) OLED programs and further improve the OLED performance. It is contemplated this work will facilitate the use of eMagin’s OLED microdisplays in environments requiring a high brightness display such as aircraft cockpits. Full Article
eMagin Corp Reaffirms FY 2012 Guidance
eMagin Corp reaffirmed fiscal 2012 revenue guidance and expects revenue to be in the range of $30-$34 million. Full Article
eMagin Corp Receives Follow-On OLED Display Order For U.S. Army Remote Viewer Program
eMagin Corp announced that it has received a $3.1 million follow-on order for OLED microdisplays under an existing U.S. Army Remote Viewer Program. Deliveries under this contract have already begun, and all the microdisplays are to be delivered prior to the end of 2012. The eMagin SVGA+ OLED-XL microdisplay was originally chosen for this program in 2008. Deliveries under the original contract began in 2009 and are expected to continue into 2013. Full Article
eMagin Corp Receives $1.1 Million SBIR Contract From USSOCOM
eMagin Corp announced that it has been awarded a $1.12 million Small Business Innovation Research (SBIR) contract from the United States Special Operations Command (USSOCOM). This project will optimize eMagin’s WUXGA OLED microdisplay for mass production and includes an option of $435 thousand. Full Article
eMagin Corporation Announces Share Repurchase Program
eMagin Corporation announced today that its Board of Directors has approved a share repurchase program for up to $2.5 million of common stock, effective August 24, 2011. Full Article

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