LightPath Technologies: Q1 Earnings Insights

LightPath Technologies (NASDAQ:LPTH) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:00 PM. Here’s what…

LightPath Technologies (NASDAQ:LPTH) reported its Q1 earnings results on Thursday, November 9, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

LightPath Technologies missed estimated earnings by 33.33%, reporting an EPS of $-0.04 versus an estimate of $-0.03.

Revenue was up $710 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 4.57% drop in the share price the next day.

Here’s a look at LightPath Technologies’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.01 -0.03 -0.05 0.01
EPS Actual -0.02 -0.03 -0.03 -0.05
Revenue Estimate 9.17M 7.17M 8.02M 9.52M
Revenue Actual 9.69M 7.41M 8.47M 7.37M

To track all earnings releases for LightPath Technologies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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