LightPath Technologies: Q3 Earnings Insights

LightPath Technologies (NASDAQ:LPTH) reported its Q3 earnings results on Thursday, May 11, 2023 at 04:00 PM. Here’s what…

LightPath Technologies (NASDAQ:LPTH) reported its Q3 earnings results on Thursday, May 11, 2023 at 04:00 PM.

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

Earnings

LightPath Technologies reported in-line EPS of $-0.03 versus an estimate of $-0.03.

Revenue was down $895 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 1.04% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.05 0.01 -0.02 -0.03
EPS Actual -0.03 -0.05 -0.05 -0.02
Revenue Estimate 8.02M 9.52M 9.14M 9.31M
Revenue Actual 8.47M 7.37M 8.91M 8.30M

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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