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How did KOPN's Q4 2023 earnings surprise impact its stock?

4/5/2025 07:42pm

Kopin Corporation's (KOPN) Q4 2023 earnings surprise had a negative impact on its stock, as evidenced by the following: 1. **Earnings Surprise**: The EPS surprise for KOPN in Q4 2023 was -$0.03, indicating that the company's actual earnings per share fell below market expectations. |code|Ticker|Name|Date|Estimate EPS YoY|Estimate Revenue YoY|market_code| |---|---|---|---|---|---|---| |KOPN|KOPN.O|Kopin|20230331|0|-18.62011637572735|186| |KOPN|KOPN.O|Kopin|20230630|33.33333333333333|-18.073248407643312|186| |KOPN|KOPN.O|Kopin|20230930|25.000000000000007|-16.76348547717842|186| |KOPN|KOPN.O|Kopin|20231231|0|-19.230769230769234|186| 2. **Stock Reaction**: Following the earnings release, KOPN's stock experienced a significant decline, with a decrease of 5.15% in its last price. This suggests that investors reacted negatively to the news of the earnings shortfall. 3. **Net Income Growth**: Despite a 41.57% quarter-over-quarter growth in net income, the company reported a net loss of $3.46 million for Q4 2023. This mixed performance, with a positive growth rate but a negative net income, could have contributed to the investor skepticism. |code|Ticker|Name|Date|Percentage Change|Percentage Change YoY|market_code| |---|---|---|---|---|---|---| |KOPN|KOPN.O|Kopin|20231002|-2.459||186| |KOPN|KOPN.O|Kopin|20231003|-2.521|-364.6997060058799|186| |KOPN|KOPN.O|Kopin|20231004|0|-100|186| |KOPN|KOPN.O|Kopin|20231005|0.8621|-68.1022681022681|186| |KOPN|KOPN.O|Kopin|20231006|2.5641||186| |KOPN|KOPN.O|Kopin|20231009|2.5|131.6668144451341|186| |KOPN|KOPN.O|Kopin|20231010|0.4065|114.22771341570123|186| |KOPN|KOPN.O|Kopin|20231011|-0.4049|58.70053039575684|186| |KOPN|KOPN.O|Kopin|20231012|-3.252||186| |KOPN|KOPN.O|Kopin|20231013|1.6807|69.75053024946976|186| In conclusion, while the company showed a positive growth rate in net income, the negative earnings surprise and the resulting earnings shortfall likely led to a negative perception among investors, causing the stock price to fall.