LightPath Q2 revenue up 1.5% to $7.4M; net loss widens to $2.6M; acquires G5 Infrared

LIGHTPATH TECHNOLOGIES INC

2025-Q2 EPS reported -$0.11 vs consensus -$0.04 ▼ miss (-145.0%)

Revenue $7.4M (+1.5% YoY); gross margin fell to 26% from 30% on mix and yield issues.
Net loss $2.6M ($0.07/share) vs $1.7M loss a year ago; EBITDA loss $1.5M vs $0.5M loss.
Acquired G5 Infrared (prelim. CY2024 revenue >$15M) to broaden cooled IR camera offerings.
Began delivery of IR assemblies to European defense customer for FPV drone active-duty use.
Launched OGI cameras for ammonia, SF6, and oil/gas emissions; uses non-germanium BlackDiamond glass.

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