Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Kopin Corp (KOPN)
NASDAQ:KOPN
Holding KOPN?
Track your performance easily
Earnings Data
Report Date
Mar 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.01Last Year’s EPS
-$0.06Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 77.33%
|Next Earnings Date:Mar 18, 2025
Earnings Call Sentiment|Positive
Kopin reported strong progress with record order projections, significant growth in defense product revenue, and technological advancements. However, challenges included decreased R&D revenues, increased legal expenses, and a larger net loss. The highlights notably outweigh the lowlights, indicating robust growth and strategic alignment.Company Guidance
During the Kopin Corporation Q3 2024 earnings call, the company provided guidance indicating a robust growth trajectory. Kopin projected over $75 million in orders for 2024 and beyond, potentially marking the highest annual order total in its 40-year history. The company reported a 26% year-over-year increase in revenue, amounting to $13.3 million for the quarter, with defense products contributing $10.4 million, a significant 109% increase from the previous year. Kopin also highlighted the strategic progress in its defense order book, securing new contracts and follow-on orders, such as a $2 million order for AMLCD displays for the F-35 Lightning II HMDS and a $1.3 million order for an Emerald microdisplay module. The company is optimistic about its financial trajectory, expecting sustained revenue growth, particularly in defense and high-performance integrated products, with the global 3D AOI market projected to grow from $700 million to $3 billion by 2030. Kopin is also exploring opportunities in international markets, with plans to expand its sales infrastructure. The call emphasized Kopin's commitment to enhancing manufacturing and systems automation to meet rising demand and its strategic focus on defense applications, bolstered by potential geopolitical tailwinds.Record Orders Projection
Kopin projects over $75 million in orders for 2024, potentially the highest annual order total in the Company's 40-year history.
Significant Increase in Defense Product Revenue
Defense products delivered $10.4 million in revenue, a 109% year-over-year increase.
New Development Orders
Five new customers placed development orders, expected to drive multimillion-dollar production orders in the future.
Improved Quality and Margins
Incoming inspection rates at top customers reached 94% in Q3, up from 86% in the previous quarter, positively impacting gross margins.
Strategic Progress in Defense
Final production qualification milestone reached for high-performance OLED display for the F-35 Lightning II helmet-mounted display system.
3D AOI Market Positioning
Launched next-generation SXGA FLCoS microdisplay system, positioning to meet growing demand in Asia and globally.
Innovative NeuralDisplay Technology
NeuralDisplay platform reached alpha testing, marking a major milestone with significant interest from defense and consumer sectors.
---
KOPN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
KOPN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $0.75 | $0.73 | -2.67% |
| Aug 08, 2024 | $0.80 | $0.86 | +7.50% |
| May 14, 2024 | $0.83 | $0.83 | 0.00% |
| Mar 14, 2024 | $2.19 | $1.90 | -13.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Kopin Corp (KOPN) report earnings?
Kopin Corp (KOPN) is schdueled to report earning on Mar 18, 2025, TBA Not Confirmed.
What is Kopin Corp (KOPN) earnings time?
Kopin Corp (KOPN) earnings time is at Mar 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KOPN EPS forecast?
KOPN EPS forecast for the fiscal quarter 2024 (Q4) is -$0.01.
---