Lightpath technologies reports financial results for fiscal 2024 first quarter

Orlando, fl / accesswire / november 9, 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 financial results for its fiscal 2024 first quarter ended september 30, 2023. fiscal 2024 first quarter highlights: revenue of $8.1 million for the first quarter of fiscal 2024 total backlog at september 30, 2023 of $21.3 million net loss for the first quarter of fiscal 2024 was $1.3 million ebitda* loss for the first quarter of fiscal 2024 was $0.4 million acquired visimid technologies partnership announced with lockheed martin and visimid to develop thermal imaging technology for key missile systems management commentary lightpath's president and chief executive officer sam rubin stated, "in the first fiscal quarter of 2024 lightpath took significant strides towards our strategy to move products upstream.
LPTH Ratings Summary
LPTH Quant Ranking