Kopin reports 24.6% revenue growth in 2024; net loss widens to $43.9M; guides 2025 revenue $52-55M

KOPIN CORP

2025-Q2 EPS reported -$0.05 vs consensus -$0.01 ▼ miss (-267.6%)

FY2024 revenue $50.3M (+24.6% YoY) vs $40.4M in 2023; product revenue $43.6M (+68%).
Net loss attributable to Kopin $43.9M ($0.33/share) from $19.7M ($0.18/share) in 2023.
Record 2024 bookings of $46M; Q4 revenue $14.6M (+71% YoY).
Product gross margin improved to 17% (cost 83% of revenue) from 4% in 2023.
Cash & equivalents $36.6M at Dec 28, 2024 vs $17.9M a year ago; 2025 revenue guidance $52-55M.

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