UniPixel Inc (UNXL) Releases Earnings Results, Misses Expectations By $-0.03 EPS

UniPixel Inc (UNXL) reported quarterly earnings results on Thursday, Aug-11-2016. The company reported $-0.16 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $-0.13. The company posted revenue of $.96 million in the period, compared to analysts expectations of $.97 million. The company’s revenue was down -29.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.52 EPS.

UniPixel Inc opened for trading at $1.23 and hit $1.33 on the upside on Monday, eventually ending the session at $1.32, with a gain of 9.09% or 0.11 points. The heightened volatility saw the trading volume jump to 3,02,675 shares. Company has a market cap of $51 M.

In a different news, on Jun 1, 2016, Ross Adam Young (director) purchased 4,000 shares at $1.71 per share price. According to the SEC, on Nov 30, 2015, Anthony J Levecchio (director) purchased 29,400 shares at $0.85 per share price. On Aug 21, 2015, Russell Christine (CFO) purchased 10,000 shares at $0.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Uni-Pixel Inc. is a pre-production stage company. The Company is engaged in developing its Performance Engineered Film (PEF) products for the display touch screen and flexible electronics market segments. The Company is engaged in the development of products and prototypes to demonstrate the functionality of the PEF technology across multiple applications and markets in a range of implementations. Its PEF production process operates as Copperhead and has rebranded the touch sensors made with the Copperhead process as InTouch sensors. It is also engaged in developing a hard coat resin that can be applied using film spray or inkjet coating methods for applications as protective cover films a cover lens replacement or a conformal hard coat for plastic components. Its technologies can be applied to a range of functional uses in films for display products. The Company’s Diamond Guard Anti-Scratch protective cover film product can be used to protect touch screen devices.

UniPixel Inc

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