secwatch.observer — SEC 8-K summary
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Issuer:     Optex Systems Holdings Inc (OPXS)
CIK:        0001397016
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001493152-26-006129
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optex Systems Q1 revenue up 11.6% but net income falls 71%; new $10M buyback authorized
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- Revenue $9.1M (+11.6% YoY); net income $0.2M vs $0.8M; diluted EPS $0.03 vs $0.12.
- Gross margin 22.9% vs 26.0% due to loss reserve on gold usage in Abrams coating contract.
- Operating income $0.1M vs $0.9M; $0.3M non-recurring G&A costs from CEO transition and senior retirements.
- New orders $7.9M (+31.7%); $2.2M laser filter order from prime contractor received post-quarter.
- Board approved new $10M stock repurchase program; prior program terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397016/000149315226006129/0001493152-26-006129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397016/000149315226006129/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-006129

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer