Kopin Corp Q4 Loss misses estimates

(RTTNews) - Kopin Corp (KOPN) reported Loss for fourth quarter that missed the Street estimates.

The company's bottom line came in at -$6.49 million, or -$0.06 per share. This compares with -$6.16 million, or -$0.07 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn -$0.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 29.4% to $8.6 million from $12.18 million last year.

Kopin Corp earnings at a glance (GAAP) :

-Earnings (Q4): -$6.49 Mln. vs. -$6.16 Mln. last year. -EPS (Q4): -$0.06 vs. -$0.07 last year. -Revenue (Q4): $8.6 Mln vs. $12.18 Mln last year.