LightPath Q4 revenue down 11% to $8.6M; net loss widens to $2.4M; FY24 loss $8.0M

LIGHTPATH TECHNOLOGIES INC

Q4 FY2024 revenue $8.6M (-11% YoY); full-year revenue $31.7M (-4% YoY).
Q4 net loss $2.4M ($0.06/sh) vs $0.8M loss a year ago; FY net loss $8.0M ($0.21/sh) vs $4.0M.
Q4 gross margin 29% vs 32% prior year; FY gross margin 27% vs 34%; inventory write-down impacted.
Key milestone: qualified for Lockheed Martin US Army missile program; shipping air-worthy units.
Backlog $19.3M (-11% YoY); cash from operations improved to +$0.5M from -$2.8M.

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.