bjr03001 • 5 hours ago
This is why KOPN is down
If you remove the $3.8m one-time forecast revision payment and the gain on Recon sale then:
-revenue declined y/y and q/q
-operating loss was nearly $10m
-and gross profit went NEGATIVE
It was a terrible Q financially excluding one-time items. Terrible. It took pros a day or so to see that.
Fujijitsu was good news, yes, but you guys are caught up on revenue and profit items that WILL NOT RECUR next Q.
I own a bit of Kopin so I'm not bearish. But this was not a good Q once you break it apart into the recurring and non recurring pieces.
Reality is obscured by hyper promotional mgmt and hyper promotional seeking alpha authors. Less
-revenue declined y/y and q/q
-operating loss was nearly $10m
-and gross profit went NEGATIVE
It was a terrible Q financially excluding one-time items. Terrible. It took pros a day or so to see that.
Fujijitsu was good news, yes, but you guys are caught up on revenue and profit items that WILL NOT RECUR next Q.
I own a bit of Kopin so I'm not bearish. But this was not a good Q once you break it apart into the recurring and non recurring pieces.
Reality is obscured by hyper promotional mgmt and hyper promotional seeking alpha authors. Less
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