Syntec Optics Q2 revenue $7.01M (+12% seq), guides Q3 $9.5-11M, turns EBITDA positive.

SYNTEC OPTICS HOLDINGS, INC.

2024-Q2 EPS reported -$0.03

Net sales $7.01M, up 12% from Q1 2024; product sales up 20% YoY to $7.0M.
Adjusted EBITDA $1.32M vs negative $0.67M in Q1; EPS $0.01 vs negative $0.03.
Q3 2024 revenue guidance $9.5-$11.0M; expects positive net income in H2.
Secured orders for space optics, defense microdisplays; entered data center market with first order forecasted to $3.2M annually.
Chairman Al Kapoor became CEO; Joe Mohr became Chief Manufacturing Officer; new CFO appointed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.