Uni-Pixel Posts Wider Loss For Q2, Shows YoY Improvement

Shares of Uni-Pixel Inc UNXL are surging after hours, up over 9 percent, as the company beat Q2 expectations. EPS were a loss of $0.16 versus estimates of a loss of $0.13. Sales were $1.0 million versus estimates of $0.970 million. Net loss for Q2 was $6.144 million compared with the prior year loss $15.745 million.

President and CEO Jeffrey Hawthorne said, "In our discussions with existing and potential new customers around the world we continue to receive positive indications that metal mesh technology is gaining market share."

Uni-Pixel shares closed Thursday up $0.04 or 2.84 percent to $1.45.