earnings
confidence high
sentiment negative
materiality 0.70
Precision Optics FY2024 revenue $19.1M, net loss widens to $3.0M; Q1 FY2025 guided $4.2-$4.4M
PRECISION OPTICS CORPORATION, INC.
2025-Q1 EPS reported
-$0.21
revenue$4,197,053
- FY2024 revenue $19.1M exceeded high-end of $18.9M guidance; down from $21.0M prior year.
- Net loss ($3.0M) vs ($0.1M) prior; Adjusted EBITDA negative ($1.6M). Gross margin 30.3% vs 36.8%.
- Engineering revenue record $8.3M (+24% YoY); production revenue $10.8M (-25% YoY).
- Q1 FY2025 revenue guided $4.2-$4.4M, flat YoY; double-digit FY growth expected starting Q2.
- Recent $9M production order for single-use cystoscopy began shipments July 2024.