Focus on profit
Display-screen manufacturer eMagin struggles to turn a profit.
By Justin Martin, FSB contributor

(FSB Magazine) -- WHEN FSB PROFILED EMAGIN ONE YEAR AGO, the display-screen manufacturer stood at a crossroads ("Eyes Wide Open," September 2005). The firm had struggled financially, but hoped that its new Z800 visor would help it finally turn a profit. One year later, the situation isn't much brighter. Although CEO Gary Jones points out that the visor won a design award at the Consumer Electronics Show and is selling well through online retailers such as Amazon.com, the company lost $5.2 million in its latest quarter, and the stock (Amex: EMA) is trading at around 20 cents, 45 cents less than a year ago. Jones emphasizes that his company just signed contracts with several large defense contractors that will bring in roughly $60 million in revenues over the next five years. "It's been frustrating, but we keep pushing forward," says Jones. "On the other side of this valley, there is enormous potential."  Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.