E Ink reports improved earnings in Q2 2018

E Ink Holdings reported its Q2 2018 financial results. Operating losses decreased to only $1.73 million (down from $8.5 million in Q1 2018). Royalty income increased almost 80% to $25.8 million - which results in a net profit of almost $28 million.

E Ink says that it expects revenues to grow at a faster rate int he second half of the year, and the company also approved a new plan to streamline its management and improve its operational efficiency.

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Posted: Aug 16,2018 by Ron Mertens