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Why Kopin Stock Slipped Today
Yahoo Financeยท 2025-11-13 01:29
Core Insights - Kopin reported mixed third-quarter results, with a decline in revenue but a surprising net income, leading to a slight drop in stock price [1][3]. Financial Performance - Revenue decreased year-over-year from $13.3 million to $12 million [2]. - The company achieved a net income of $4.1 million, or $0.02 per share, compared to a loss of $3.5 million in the same period last year [3]. Strategic Direction - Kopin emphasized its recent strategic investments aimed at transforming into a global supplier of micro displays and optical solutions for the defense industry [4].