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Recap: LightPath Technologies Q2 Earnings

Benzinga ·  Feb 8 16:10

LightPath Technologies (NASDAQ:LPTH) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:01 PM.

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

Earnings

LightPath Technologies missed estimated earnings by 25.0%, reporting an EPS of $-0.05 versus an estimate of $-0.04.

Revenue was down $1.16 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 5.04% drop in the share price the next day.

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

QuarterQ1 2024Q4 2023Q3 2023Q2 2023
EPS Estimate-0.03-0.01-0.03-0.05
EPS Actual-0.04-0.02-0.03-0.03
Revenue Estimate8.31M9.17M7.17M8.02M
Revenue Actual8.08M9.69M7.41M8.47M

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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