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Kopin Beats Revenue Estimates Despite Dip, Eyes Growth with New Defense Contracts

KOPN reported Q1 2024 revenue decline to $10.0M, beating analyst estimate of $9.01M. Adjusted EPS loss of $(0.06) missed consensus of $(0.05). Stock price rose. Revenues from Defense grew 35%, while Industrial fell 39%. Product revenues up 18%, R&D revenues down 69%. Expects double-digit growth in 2024. Won contract for OLED microdisplay with low latency night vision sensor.

KOPN

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Sea Limited’s CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth

Sea Limited (SE) beat analyst estimates with 22.8% revenue growth in Q1 2024. Digital Entertainment and E-commerce saw strong growth, while Digital Financial Services revenue increased by 21%. CEO expects profitable growth and positive EBITDA for Shopee in the second half of 2024.

FDCF