secwatch.observer — SEC 8-K summary
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Issuer:     Optex Systems Holdings Inc (OPXS)
CIK:        0001397016
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0001493152-25-028132
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optex Systems reports FY2025 revenue up 21.6% to $41.3M, net income $5.1M; CEO transition
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- FY2025 revenue $41.3M vs $33.9M YoY (+21.6%); net income $5.1M ($0.74 diluted EPS) vs $3.8M ($0.55) prior year.
- Adjusted EBITDA $8.0M vs $5.7M; operating income $7.1M vs $4.8M; gross margin improved to 29.2% from 28.0%.
- New orders booked $36.2M, down 0.5% YoY; cites government shutdown and delayed contract awards as headwinds for FY2026.
- CEO Danny Schoening resigns effective Dec 20, 2025; President Chad George appointed CEO; Schoening remains Chairman.
- Working capital $21.1M vs $15.1M; cash $6.4M, no revolver balance; plans $2.4M capex over next 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397016/000149315225028132/0001493152-25-028132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397016/000149315225028132/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-028132

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