E-ink Reported Q3 Revenues Down from Last Year

kobo aura h2o underwater 1While E-ink usually does their best to tell a less than complete story about their financial state, the slides from E-ink's investor conference last week (found by E-ink Info) say more than E-ink would like.The screen maker reported earnings of approximately $133 million USD in the third quarter of 2014, down from $154 million in the same period last year. Both gross and net profit were down, with E-ink reporting a net of around $3.3 million.

E-ink also reported carrying significantly less stock on hand as compared to last year while at the same time boosting its cash reserves and reducing debt.

During that quarter E-ink saw the launch of two new ereaders with next-generation screens: the Kobo Aura H2O, which has a 6.8" Carta screen, and the Kindle Voyage, which has a 6"  display with a screen resolution of 300ppi.

E-ink (PDF)

About Nate Hoffelder (11579 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

5 Comments on E-ink Reported Q3 Revenues Down from Last Year

  1. When is a colour e-ink screen ever going to arrive in a mainstream product?

  2. E-ink has been stagnant in a market that demands fast evolution in tech. I don’t like reading on an lcd screen, but I honestly can’t wait for any rival tech not controlled by one single company that fails to innovate.

  3. colour e-ink screen please!
    The LCD kill the retina cells.

    • The problem with color E-ink is that it can never be sharp enough or colorful enough to equal an LCD screen. It will always be gray and low-res, and there’s just not enough of a market for that.

Leave a comment

Your email address will not be published.


*