WESTBOROUGH, Mass. (AP) _ Kopin Corp. (KOPN) on Tuesday reported a loss of $11 million in its fourth quarter.
The Westborough, Massachusetts-based company said it had a loss of 15 cents per share. Losses, adjusted for asset impairment costs, came to 10 cents per share.
The maker of wearable technologies posted revenue of $7.7 million in the period.
For the year, the company reported that its loss widened to $35.6 million, or 49 cents per share. Revenue was reported as $24.5 million.
The company's shares closed at $1.65. A year ago, they were trading at $3.50.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KOPN at https://www.zacks.com/ap/KOPN