Shares of Kopin (NASDAQ: KOPN) were tumbling this morning after the company reported second-quarter results that failed to meet analysts' consensus estimates.
The tech stock fell by as much as 17.9% today and was down by 15.8% as of 11:24 a.m. EDT.
Kopin's revenue increased 12% from the year-ago quarter to $9.9 million, but that fell short of Wall Street's consensus estimate of $11.6 million for the quarter. Additionally, the company's adjusted net loss per share of $0.04 was worse than analysts' consensus estimate of a loss of $0.02 per share.
Source Fool.com