LightPath Applied sciences, Inc. (NASDAQ: LPTH) shares fell after the corporate reported a bigger-than-expected fourth-quarter loss after Thursday’s closing bell.
Here is a have a look at the important thing figures from the quarter.
The Particulars: LightPath Applied sciences reported quarterly losses of 16 cents per share, which missed the analyst estimate for losses of 4 cents.
Quarterly income got here in at $12.21 million, which beat the Avenue estimate of $12.2 million and was up from income of $8.63 million from the identical interval final 12 months.
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“Fiscal 2025 closed with a transparent validation of our technique: transfer away from Germanium optics, scale our proprietary BlackDiamond glass into key protection verticals, and push up the worth chain into full IR digital camera methods,” Sam Rubin, CEO of LightPath, mentioned.
LPTH Inventory Worth: In accordance with knowledge from Benzinga Professional, LightPath Applied sciences inventory was down 14.31% at $5.57 in Thursday’s prolonged buying and selling.
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