Financial - Page 5

E Ink Holdings (EIH) reported its financial results for Q3 2017, with revenues of $158.8 million (up 7.8% from Q3 2016 and 29.8% from Q2 2017) and a net profit of of $38.8 million.

E Ink says that these excellent results were due to a sharp increase in e-reader and e-paper notebook sales and improvements in operation efficiency and production yields. E-reader and notebook sales accounted for 70% of EIH's revenues.

E Ink Holdings reported its financial results for Q3 2017, saying that revenues are at a 4-year high due to sales of 7" e-paper displays for Amazon's latest Kindle Oasis. Revenues reached just over $56 million, up 3.3% from August and up 11.3% from September 2016.

Revenues for Q3 2017 reached $158 million, up 29.8% from Q2 2017 and up 7.8% from Q3 2016. E Ink says that its smart labels, smart card and e-reader displays are all growing fast since the beginning of 2017. The company expects its electronic shelf label sales to peak in the second half of 2017 with a year-on-year growth rate of 20-30% in 2017.

E Ink Holdings reported its financial results for Q2 2017. E Ink's revenues were $121 million USD while profit totaled $31 million USD. EIH's gross margin increased from 35.1% in Q2 2016 to 39.5% in Q2 2017.

E Ink expects that electronic shelf labels sales will continue to grow in the rest of 2017. A report from China suggests that E Ink has orders from Amazon, the Alibaba Group and China-based jd.com. The same report also says that e-reader sales are expected to finally grow again as these readers are now entering the Chinese and Indian markets.

Digitimes reports that E Ink Holdings is ramping up its electronic shelf label display (ESL) production as the company expects double-digit growth in 2017. EIH recently began to ship smart label displays to Alibaba Group and JD.com subsidiaries.

E Ink shipped around 30-40 million ELSs in 2016, which is 50% of the total ESL market. Digitimes says that the company hopes to become an ESL supplier to Walmart and Amazon.

E Ink Holdings reported its financial results for 2016, with the first operating profit in five years. The company was still profitable, due to royalty earnings, but now its operations are profitable too - in 2016 operating income was NT$61 million ($2 million USD).

The company's chairman says that the improvement stems from a better product mix, enhanced productivity - and the company's new asset-light policy and divestment from unprofitable business. E Ink quite the LCD market to focus on its e-paper technologies. New sales drivers are e-paper displays, electronic shelf labels and electronic signages. Demand from e-reader remains stable and E Ink actually expects annual growth in that market.

E Ink iPhone case developer PopSlate announced that the company has entered into the legal process for dissolution of the company, and current customers that ordered its PopSlate 2 case will not get their products or be issued a refund

In early 2016 PopSlate raised $1.1 million in a crowd funding campaign to develop the PopSlate 2 - which was supposed to offer a 4.7" 800x450 E Ink display for the back of your phone.

E Ink Holdings reported its financial results for Q3 2016. Net income was NT$509 million ($US 16 million), a 35% drop from Q2 2016. This drop in earnings was mostly due to lower patent royalty income from its LCD business.

E Ink is exiting the LCD market, and the company expects that all revenues in 2017 will come from e-paper displays. The company's main growth driver in the next few years will be electronic shelf labels.

E Ink Holdings announced its financial results for Q2 2016. Revenues reached $115 million USD, and the operating profit was $5.5 million, up from a loss of about $15 million in the first quarter of 2016.

E Ink Holding's net profit in this quarter was $25 million.

E Ink Holdings reported its financial results for Q1 2016 - revenues were  NT$2.5 billion ($76.6 million USD) and the net loss was NT$272 million ($3.84 USD) - down from a net profit of NT$766 in Q4 2015 (but up from a loss of $1.23 billion in Q1 2015).

EIH says that its licensing revenues from Hydis FFS LCD technology is lower than it used to be because the display industry is shifting from LCD to OLED technologies.

E Ink Holdings reported their financial results for 2015. The ePaper maker says the profit grew to $16.7 million (up from $0.4 million in 2014) mostly due to higher royalty income and better gross margins (31% in 2015, up from 22% in 2014).

E Ink's royalties come from its LCD business, as its subsidiary Hydis Technologies owns some important LCD patents that it licenses to other makers. Hydis itself stopped making LCDs in 2014.