UniPixel Reports First Quarter 2016 Financial Results

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UniPixel (UNXL) Misses Q1 EPS by 9c

May 5, 2016 4:07 PM UTC

UniPixel (NASDAQ: UNXL) reported Q1 EPS of ($0.24), $0.09 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $900k versus the consensus estimate of $1.75 million.

Jeffrey A. Hawthorne, president and chief executive officer of UniPixel, said, "The first quarter of 2016 marks an important transformational point in the history of UniPixel. One year ago, UniPixel was a pre-production company with no orders or revenue. During the past year we made a key acquisition, expanded our management with highly experienced technology executives and leveraged our acquired... More