LightPath Technologies Inc
NASDAQ:LPTH
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
1.65
14.33
|
| Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
LightPath Technologies Inc
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical and infrared components. The company is headquartered in Orlando, Florida and currently employs 353 full-time employees. Its business is organized into three product groups: precision molded optics (PMO), infrared products and specialty products. Its PMO product group consists of visible precision molded optics with varying applications. Its infrared product group is comprised of infrared optics, both molded and diamond-turned and thermal imaging assemblies. Its specialty product group offers optical subsystems, assemblies, collimators and non-recurring engineering (NRE) products. The company serves various markets, including defense and security, optical systems and components, datacom/telecom, information technology, life sciences, machine vision and production technology.
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical and infrared components. The company is headquartered in Orlando, Florida and currently employs 353 full-time employees. Its business is organized into three product groups: precision molded optics (PMO), infrared products and specialty products. Its PMO product group consists of visible precision molded optics with varying applications. Its infrared product group is comprised of infrared optics, both molded and diamond-turned and thermal imaging assemblies. Its specialty product group offers optical subsystems, assemblies, collimators and non-recurring engineering (NRE) products. The company serves various markets, including defense and security, optical systems and components, datacom/telecom, information technology, life sciences, machine vision and production technology.
Record Revenue: LightPath reported first quarter revenue of $15.1 million, up 79% year-over-year, marking a record performance.
Backlog Surge: Backlog reached approximately $86–$90 million, more than four times higher than recent quarters, with over two-thirds now in higher-value systems and subsystems.
Margin Outlook: Gross profit increased to $4.5 million, but gross margin fell to 30% from 34% due to sales mix; management expects margins to improve to 35% by year-end.
Strategic Investments: Secured an $8 million equity investment from Ondas Holdings and Unusual Machines, supporting production scale-up and commercialization, especially in uncooled infrared solutions for drones.
Germanium Alternative: Rapid customer adoption of proprietary BlackDiamond glass, a domestic alternative to Chinese-controlled germanium, is driving growth and supply chain resiliency.
Positive EBITDA: Adjusted EBITDA turned positive at $0.4 million versus a loss last year, with expectations for continued improvement.
Capacity Expansion: Ongoing investment in manufacturing capacity in Texas and Orlando to support major contracts and production ramp.
