20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
- Kopin Corp (NASDAQ:KOPN) reported third-quarter FY22 revenue growth of 23% year-on-year to $13.4 million, beating the consensus of $12.1 million.
- Revenues from Defense Applications grew by 115% Y/Y to $7.5 million, while Industrial Applications decreased by 37% Y/Y to $1.7 million.
- Product revenues grew 50.2% Y/Y to $9.9 million, while R&D revenues fell 19% Y/Y to $3.5 million.
- EPS loss of $(0.05) missed the consensus loss of $(0.04).
- The company held $15 million in cash and equivalents.
- "We had a good quarter with revenues up 23% over the third quarter of last year, driven by growth in our defense and consumer businesses," said Michael Murray, Kopin's CEO.
- Price Action: KOPN shares traded higher by 1.85% at $1.10 on the last check Tuesday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!