Kopin posts Q3 net loss and falls below analysts’ expectations
KOPN•KOPN•KOPN•KOPN•Kopin reported preliminary Q3 revenue of $18.20 million, above the $15.96 million consensus, but its $3.40 million net loss and $0.02 loss per share missed estimates. The company said it expects MicroLED manufacturing to begin in mid-2027.
Kopin’s preliminary Q3 revenue grew 52% year over year to $18.20 million, beating analysts’ $15.96 million estimate. The company posted a $3.40 million net loss, compared with a profit a year earlier, and a loss per share of $0.02; analysts had estimated a $1.03 million net loss and a $0.005 loss per share.
Kopin said revenue growth was primarily driven by funded development programs, including joint development with Fabric.AI and U.S. government MicroLED grants. It also reported a $2.4 million OLED microdisplay order from a new customer and an $800,000 manufacturing grant. The company expects MicroLED product manufacturing to begin in mid-2027 and said Neural I/o remains on schedule for its first public demonstration at CES in January 2027.
