LightPath preliminary FY2021 revenue $38.2-38.5M, up 9-10% YoY; Q4 revenue down 9-12% YoY

LIGHTPATH TECHNOLOGIES INC

2021-FY EPS reported -$0.12 revenue$38,464,821

Total FY2021 revenue between $38.2M and $38.5M, vs $35.0M in FY2020.
Q4 FY2021 revenue between $8.0M and $8.3M, down from $9.1M in Q4 FY2020.
Cash and equivalents $6.8M at June 30, 2021, vs $5.4M a year ago.
Backlog stable at $21-22M; telecom softness in China and China ops leadership transition cited as headwinds.
CEO expects continued impact from China investigation and margin mix issues through at least Q1 FY2022.

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