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eMagin Corporation (EMAN) is a pioneer in the field of organic light-emitting diode (OLED) microdisplays and virtual imaging technologies. The company specializes in designing, developing, manufacturing, and marketing OLED-on-silicon microdisplays, which are utilized in various sectors including defense, commercial, medical, and industrial markets.
eMagin's cutting-edge virtual imaging products leverage their proprietary OLED technology to create high-resolution microdisplays. These displays, which are typically smaller than one inch, are integrated into silicon backplanes or chips. When viewed through a magnifier, these microdisplays produce virtual images that appear as large as a computer monitor or high-definition television.
The company’s products are crucial for Original Equipment Manufacturers (OEMs), enabling the development and marketing of improved or entirely new products. Their diverse applications extend from military head-mounted displays to advanced medical imaging equipment.
Recently, eMagin made headlines with its strategic progress. A notable development is the planned merger with Samsung Display Co., which will be decided in a Special Meeting of Stockholders scheduled for August 31, 2023. This merger represents a significant step toward expanding eMagin’s influence and capabilities within the OLED microdisplay market.
Financially, eMagin is maintaining a stable trajectory, continuing to innovate and partner with leading entities across its operational sectors. With a strong commitment to advancing virtual imaging technologies, eMagin is well-positioned to remain at the forefront of the industry.
eMagin (NYSE American: EMAN), a leader in high-resolution micro-OLED displays for virtual and augmented reality solutions, has announced that it will release its first-quarter 2023 results on Thursday, May 11, 2023. The company will host a conference call and simultaneous webcast at 9:00 a.m. ET on the same day to discuss quarterly results, business highlights, and outlook.
Investors can access the live webcast on eMagin's Investor Relations website. To join the conference call, participants must register to receive an individualized dial-in number and PIN. A replay of the event will be available shortly after the live event concludes.
eMagin Corporation (NYSE American: EMAN) reported a successful fourth quarter and full-year results for 2022, with revenues reaching $8.4 million for Q4 and $30.5 million for the full year, both representing a 17% increase from the previous year. The company achieved positive EBITDA of $1.9 million for Q4 and $2.2 million for the year. Its backlog of open orders stood at $14.8 million, a 7% increase year-over-year. Key contracts included a $1.7 million order for the F-35 Helmet Mounted Display System, and the company noted improvements in manufacturing efficiency and quality certifications.
eMagin Corporation (NYSE American: EMAN), a leader in high-resolution micro-OLED displays for VR and AR, is set to release its fourth-quarter and full-year 2022 financial results on March 9, 2023. A conference call will follow at 9:00 a.m. ET, where management will discuss the results, business highlights, and future outlook. This event can be accessed through the Company’s Investor Relations website. eMagin, the only manufacturer of OLED displays in the U.S., brings innovative display technologies to various sectors, including military and medical.
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