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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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.