LightPath Technologies

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical and infrared components. Its products include molded glass and assemblies, infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies, and collimator assemblies, which are used in applications involving light detection and ranging technology. The firm supports a range of customers in the field of industrial, laser, defense, medical, telecommunications, and instrumentation. The company was founded on June 15, 1992 and is headquartered in Orlando, FL.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

LightPath Technologies strategically positions for growth amidst Q1 challenges

Despite facing challenges related to construction impact and financial performance metrics, LightPath Technologies is strategically positioned to capitalize on opportunities in the solutions business, defense, and high volume markets. The company's focus on new product relationships and potential catalysts for revenue presents promising growth prospects.

LightPath Technologies reports strong Q2 earnings and eyes global expansion

LightPath Technologies demonstrated solid financial performance in Q2 2023, with revenue growth and improved margins.
The company's strategic shift to a solutions provider and focus on defense optics and new products drive growth prospects.
While challenges exist in China's market recovery and operational cash usage, opportunities in new applications and market expansion offer avenues for future success.

LightPath Technologies reports Q3 challenges but eyes strategic growth

LightPath Technologies faced challenges in Q3 with lower revenue and gross margin, leading to a net loss, but is strategically transitioning to a solutions provider.
Despite delays in shipments, the company introduced the Mantis imaging module and has a strong backlog, indicating growth potential and market interest.
Opportunities lie in expanding into defense and automotive markets, driving new revenue streams, and exploring strategic investments for future growth.
With a focus on operational efficiency and capacity expansion, LightPath aims to overcome challenges and capitalize on opportunities for sustained growth.

LightPath Technologies transitions to value-added solutions, eyes market expansion

LightPath Technologies navigated challenges in fiscal 2023 while focusing on market expansion and product innovation.
The company's shift to value-added solutions and acquisitions position it for growth in imaging solutions.
Despite losses, strategic investments and a favorable product mix signal potential for improved financial performance.
Management's gratitude for stakeholders' trust underscores commitment to driving future success.

LightPath Technologies excels in Q1 2024 with strategic wins and revenue growth

LightPath Technologies' Q1 2024 showcased strong performance with key wins and revenue contributions across segments. While facing challenges in the automotive market and supply chain issues, the company is strategically positioned for growth. Opportunities lie in customer acceptance of alternative materials and future business retooling efforts.

LightPath Technologies reports Q2 challenges, eyes growth opportunities ahead

LightPath Technologies navigated challenges in Q2 2024 with a focus on strategic growth pillars and revenue diversification.
Despite lower visible component sales and legal issues, the company capitalized on partnerships and talent recruitment for innovation.
Opportunities lie in the Lockheed Martin partnership, revenue uptick in Q3 and Q4, and development of passive detection capabilities.
Strategic shifts towards value-added solutions and market expansion position LightPath for long-term growth and competitiveness in evolving markets.

LightPath Technologies excels in Q3, eyes growth in defense and space sectors

LightPath Technologies demonstrated resilience and strategic vision in Q3 2024, capitalizing on growth opportunities in key sectors and driving revenue from innovative solutions.
While facing challenges in margins and costs, the company's focus on realignment towards LightPath 2.0 and 3.0 sets the stage for future growth and profitability.
With a strong foundation in place, ongoing development projects, and a commitment to excellence, LightPath Technologies is poised for success in critical upcoming quarters.

LightPath Technologies reports growth in defense sales amidst financial challenges

LightPath Technologies demonstrated growth in infrared components and defense sales but faced challenges with lower revenue and gross margin in Q4 2024.
The company's transition to a solutions provider and focus on innovative thermal cameras position it well for future opportunities in specific applications.
Efforts towards restructuring, cost reduction, and exploring new partnerships reflect a proactive approach to addressing financial pressures and driving growth.
Analysts' inquiries about revenue growth expectations and customer adoption highlight the importance of strategic planning and market positioning for LightPath.

LightPath Technologies transitions to system solutions, eyes defense market growth

LightPath Technologies is navigating a transformation towards system-level solutions and defense programs, with a focus on revenue growth and shareholder value. While facing challenges in managing expenses and profitability, the company is well-positioned to capitalize on growth opportunities in the defense market and expand its market presence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LightPath Technologies, Inc. engages in the design, development, manufacture, and distribution of optical and infrared components. Its products include molded glass and assemblies, infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies, and collimator assemblies, which are used in applications involving light detection and ranging technology. The firm supports a range of customers in the field of industrial, laser, defense, medical, telecommunications, and instrumentation. The company was founded on June 15, 1992 and is headquartered in Orlando, FL.

NEW YORK , Sept. 28, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of LightPath Technologies, Inc. (NASDAQ: LPTH).

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating LightPath Technologies, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

ORLANDO, FL / ACCESSWIRE / September 27, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced its subsidiary, Visimid Technologies ("Visimid"), has been chosen by Lockheed Martin to develop a key imaging technology, as part of its bid to produce a design of a major defense program for the US Army. Visimid will receive up to $7.5 million for design and development in several stages over the next three years.

Lockheed Martin Missiles & Fire Control Selects LightPath's VISIMID Group as a Key Strategic Partner to Develop Critical Imaging Technologies

Orlando, Florida--(Newsfile Corp. - September 26, 2023) - LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced it will present at the LD Micro: Sweet Sixteen Main Event XVI Investor Conference, which is being held on October 3rd - 5th, 2023. LightPath is scheduled to present in person and webcast live on October 4th at 12pm PT at the Luxe Sunset Blvd Hotel in Los Angeles, CA.

LightPath Technologies to Present at LD Micro: Sweet Sixteen Main Event XVI Investor Conference

LightPath Technologies, Inc. (NASDAQ:LPTH ) Q4 2023 Earnings Conference Call September 14, 2023 5:00 PM ET Company Participants Al Miranda - Chief Financial Officer Sam Rubin - President and Chief Executive Officer Conference Call Participants Shervin Z - Alliance Global Partners Glenn Mattson - Ladenburg Thalmann Scott Buck - H.C. Wainwright Operator Good afternoon, everyone, and welcome to the LightPath Technologies Fiscal Fourth Quarter and Full Year 2023 Financial Results Conference Call.

LightPath Technologies, Inc. (LPTH) Q4 2023 Earnings Call Transcript

ORLANDO, FL / ACCESSWIRE / September 14, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced its financial results for the fourth quarter and fiscal year ended June 30, 2023. Fiscal 2023 Full Year and Fourth Quarter Highlights: Revenue of $9.7 million for the fourth quarter of fiscal 2023; revenue of $32.9 million for the full fiscal year 2023 Total backlog at June 30, 2023, of $21.7 million Net loss for the fourth quarter of fiscal 2023 was $0.8 million; net loss of $4.0 million for the full fiscal year 2023 EBITDA* for the fourth quarter of fiscal 2023 was $0.1 million; EBITDA loss of $0.4 million for the full fiscal year 2023 Partnered with Edmund Optics to distribute ISP Optics' portfolio of infrared components Commenced the acquisition of Visimid Technologies, which closed in July 2023.

LightPath Technologies Reports Financial Results for Fiscal Fourth Quarter and Full Year 2023

ORLANDO, FL / ACCESSWIRE / September 6, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced, with its subsidiary Visimid Technologies, the availability of high framerate long wave infrared ("LWIR") microbolometer imaging cores. The OEM cores, capable of operating at up to 960 frames per second, are based on an uncooled Amorphous Silicon microbolometer, and are designed for integration into customer instruments and systems.

LightPath Announces Availability of High Framerate LWIR Thermal Imaging Cores

ORLANDO, FL / ACCESSWIRE / September 5, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced it will report its fiscal 2023 fourth quarter and full year financial results on September 14, 2023 after the market close. The conference call and webcast will be held on the same day as follows: Date: Thursday, September 14, 2023Time: 5:00 PM (ET)Dial-in Number: 1-877-317-2514International Dial-in Number: 1-412-317-2514Webcast: Fiscal Fourth Quarter and Full Year Earnings Webcast Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.

LightPath Technologies Schedules Fiscal 2023 Fourth Quarter and Full Year Financial Results Conference Call for September 14, 2023

Ambarella

CEVA

Cognex

Himax Tech

AI is hot; today's craze is just the tip of the iceberg. While large language models, generative AI, and image-producing algorithms are neat, the next phase of AI will start generating cash flow for companies other than NVIDIA NASDAQ: NVDA and the data center group in which generative AI is grounded.

5 Computer Vision Stocks with a Clear Path to Growth

PHOENIX, AZ / ACCESSWIRE / August 7, 2023 / The Stock Day Podcast welcomed LightPath Technologies, Inc.(NASDAQ:LPTH)("the Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies. CEO of the Company, Sam Rubin, joined Stock Day host Kevin Davis.

LightPath Technologies, Inc. Discusses Significance of Its Proprietary Germanium-Alternative, BlackDiamond(TM), with The Stock Day Podcast

Opportunistic Acquisition Advances Strategy by Expanding Capabilities ORLANDO, FL / ACCESSWIRE / July 26, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced the acquisition of Visimid Technologies ("Visimid"), an engineering and design firm specializing in thermal imaging, night vision and internet of things ("IOT") applications purchased for a combination of cash and stock. Visimid provides design and consulting services for Department of Defense ("DoD") contractors, commercial and industrial customers, and OEMs for original new products.

LightPath Announces Acquisition of Visimid Technologies

- The US Defense Department will finance the qualification of LightPath NRL materials for use in Defense, in addition to its already qualified BD6. ORLANDO, FL / ACCESSWIRE / July 25, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced the US Defense Department ("DoD") via the Defense Logistics Agency ("DLA") will provide the funding necessary to qualify new LightPath's Black Diamond ("BD") chalcogenide glasses as substitute to germanium.

LightPath Announces US Defense Department Funding to Qualify Additional Materials as Substitutes for Germanium

- Company Provides Further Comments on China's Export Restrictions on Germanium and Gallium - ORLANDO, FL / ACCESSWIRE / July 18, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, provided an update on the impact of China's recently announced restrictions on the export of gallium and germanium. "Germanium is the dominant material used in lenses for infrared imaging systems and China is the world's largest supplier.

LightPath To Offer Its Popular Infrared Chalcogenide Glass (BD6) as an Alternative Raw Material to Germanium

On July 4, 2023, China announced major export restrictions on gallium and germanium. These rare minerals are used in many advanced economy applications, notably in high technology. LightPath Technologies is a direct beneficiary of China's major policy shift in that its Chalcogenide Glass (referred to as BD6) is a good substitute product within the optics segment. LightPath has 10 million metric tons of U.S. manufacturing capacity, at its Florida facility, where it manufactures BD6.

LightPath Technologies, Inc. A Direct Beneficiary Of China's Germanium Export Restrictions

LightPath Technologies, Inc. (NASDAQ:LPTH ) Q3 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Albert Miranda - CFO Sam Rubin - President and CEO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Gene Inger - ingerletter.com Operator Good afternoon, everyone. And welcome to the LightPath Technologies Fiscal Third Quarter 2023 Financial Results Conference Call.

LightPath Technologies, Inc. (LPTH) Q3 2023 Earnings Call Transcript

LightPath Technologies, Inc. (LPTH) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.02 per share a year ago.

LightPath Technologies, Inc. (LPTH) Reports Q3 Loss, Tops Revenue Estimates

Facility expansion positions the company to capitalize on new opportunities ORLANDO, FL / ACCESSWIRE / May 11, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2023 third quarter ended March 31, 2023. Management Commentary LightPath's President and Chief Executive Officer Sam Rubin stated, "In January of this year, we were able to raise $10 million in equity funding (before fees and expenses) quickly and cost-effectively, which was a significant success for a company of our size under the market conditions that existed at the time.

LightPath Technologies Reports Financial Results for Fiscal 2023 Third Quarter

ORLANDO, FL / ACCESSWIRE / May 9, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company,"), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries today announced it will present at the MicroCap Rodeo: Lassoing the Big Apple Investor Conference, which is being held on May 16th - 17th, 2023. LightPath is scheduled to present in person.

LightPath Technologies to Present at MicroCap Rodeo: Lassoing the Big Apple Investor Conference

ORLANDO, FL / ACCESSWIRE / April 27, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, today announced it will report its fiscal 2023 third quarter financial results on May 11, 2023 after the market close. The conference call and webcast will be held on the same day as follows: Date: Thursday, May 11, 2023Time: 5:00 PM (ET)Dial-in Number: 1-877-317-2514International Dial-in Number: 1-412-317-2514Webcast: Fiscal Third Quarter Earnings Webcast Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.

LightPath Technologies Schedules Fiscal 2023 Third Quarter Financial Results Conference Call for May 11, 2023

ORLANDO, FL / ACCESSWIRE / April 26, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced the Company's wholly-owned subsidiary, ISP Optics, has partnered with Edmund Optics® to offer global access to ISP's extensive range of high-quality optical components across 15 infrared (IR) materials. The partnership will provide off-the-shelf access to the entire ISP Optics catalog offering.

ISP Optics Selects Edmund Optics to Distribute its Infrared Portfolio

ORLANDO, FL / ACCESSWIRE / April 19, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced today that Sam Rubin, CEO and Al Miranda, CFO, will present at the Ladenburg Thalmann Technology Expo 2023 in New York on April 27th at 11:00 AM ET. Presentation Time: 11:00 AM ET Date: Thursday, April 27th, 2023 Location: Convene, 101 Park Avenue, New York, NY (41st and Park Avenue) A live webcast of the presentation can be accessed at LightPath Ladenburg Presentation For more information about the Ladenburg Thalmann Tech Expo please email techexpo@ladenburg.com About LightPath Technologies: LightPath Technologies, Inc. is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries.

LightPath Technologies to Present at the Ladenburg Thalmann Tech Expo 2023

ORLANDO, FL / ACCESSWIRE / March 30, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, provided an update on the progress of its facilities and capacity expansion at its Orlando, Florida manufacturing center. "We are delighted with the progress being made to expand capacity in our Orlando, Florida facilities.

LightPath Provides Update on Facilities Expansion

LightPath Technologies, Inc. (LPTH) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

LightPath Technologies, Inc. (LPTH) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

LightPath Technologies, Inc. (LPTH)'s Technical Outlook is Bright After Key Golden Cross

ORLANDO, FL / ACCESSWIRE / February 13, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries today announced it will present virtually at the MicroCap Rodeo Winter Wonderland Best Ideas Virtual Investor Conference, which is being held on February 21st - 24th, 2023. LightPath is scheduled to present virtually.

LightPath Technologies to Present at MicroCap Rodeo Winter Wonderland Best Ideas Virtual Investor Conference

LightPath Technologies, Inc. (NASDAQ:LPTH ) Q2 2023 Earnings Conference Call February 9, 2023 5:00 PM ET Company Participants Sam Rubin - President and Chief Executive Officer Albert Miranda - Chief Financial Officer Conference Call Participants Scott Buck - H.C. Wainwright Aaron Martin - AIGH Investment Partners Gene Inger - ingerletter.com Operator Good afternoon, and welcome to the LightPath Technologies Fiscal 2023 Second Quarter Financial Results Conference Call.

News for LightPath Technologies Stock (LPTH)