Seeking Alpha

eMagin misses by $0.06, misses on revenue

  • eMagin (EMAN): Q2 EPS of -$0.04 misses by $0.06.
  • Revenue of $7.03M misses by $1.97M. (PR)
Comments (1)
  • Alex10652
    , contributor
    Comments (22) | Send Message
     
    EMagin has to get its act together. Obviously, they have a major manufacturing/equipment problem that they have been trying to correct for over a year now without success. I was in charge of selling a business like this one some time ago and I have learned that it takes a long time to fix these type of problems. It is not that they are not trying, but they do not have the technical ability to do it. This is affecting their cost structure/poor yields, their relationships with current and prospective customers, and it is not allowing management to focus on growing the business.

     

    Until I see they have fixed their problems, I am not investing in this company. I know they are trying, but I won't believe it until I see it.
    1 Aug 2013, 11:46 PM Reply Like
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