E Ink reports record earnings for 3Q 2010

E Ink holdings reported net profit of $22.2 million in the third quarter of 2010 - a company record. Revenues were $171 million, the same as the second quarter. The company's margin are down - because e-paper panel prices have dropped recently.

According to E Ink, Amazon expects record e-reader shipments in the fourth quarter, and E Ink is expanding its capacity to meet clients' demand.

Posted: Oct 28,2010 by Ron Mertens