Flexible Electronics News

eMagin Expects 1Q 2011 Revenue of Approximately $5.5 Million

Company reaffirms 2011 revenue guidance range

eMagin Corporation announced that revenues for the first quarter of fiscal 2011 will be approximately $5.5 million due to production issues and a slower pace of manufacturing following preventative maintenance in the first quarter. The company has been taking a number of steps to restore its production schedule, including running extra shifts on weekends.

The company is maintaining its 2011 revenue guidance of $35 million to $40 million based on its current backlog of orders under existing contracts and the anticipated resumption of normal production.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters