earnings
confidence high
sentiment positive
materiality 0.80
LightPath Q4 revenue $21.2M (+74%), FY revenue $71.7M, record backlog $110.9M
LIGHTPATH TECHNOLOGIES INC
- Q4 revenue $21.2M, up 73.8% YoY; FY revenue $71.7M, up 92.7%.
- Record backlog $110.9M, up 197% from $37.4M; $85.6M deliverable in next 12 months.
- Adjusted EBITDA positive $2.1M in Q4 and $4.2M for FY; net loss $4.1M Q4, $20.5M FY.
- Completed $50M offering at $14/share; cash $93.2M; divesting China unit LPOIZ for $4.5M.
- Received $11M infrared camera order and $13M optical assembly orders from defense customers.