LightPath reports improved Q4 revenue and gross margin; backlog at record level

LIGHTPATH TECHNOLOGIES INC

Revenue and gross margin improved in Q4 FY22 vs prior year period (specific figures not disclosed in excerpt).
Backlog exceeds previous record from 2020, with higher-quality sales in assemblies and defense.
New strategic direction from component maker to optical system provider; exclusive BD6 glass licensed from Naval Research Lab.
Short-term margin pressure expected from Ukraine conflict energy costs and China market headwinds.

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