LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries. The company sells its products directly to customers in North America, Europe, and China, as well as through distributors and channel partners in the United States and internationally. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
IPO Year: 1996
Exchange: NASDAQ
Website: lightpath.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2021 | $5.50 → $3.50 | Buy | HC Wainwright & Co. |
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Maris-Tech integrated critical firmware and hardware to support AI algorithms embedded in LightPath's Infrared Cameras
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HC Wainwright & Co. analyst Scott Buck reiterates LightPath Technologies (NASDAQ:LPTH) with a Buy and maintains $3 price target.
LightPath Technologies (NASDAQ:LPTH) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.04) by 75 percent. This is a 133.33 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $7.699 million which missed the analyst consensus estimate of $7.980 million by 3.52 percent. This is a 3.90 percent increase over sales of $7.410 million the same period last year.
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New Airborne System Designed to Use LightPath's New Materials
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ORLANDO, Fla., Nov. 7, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal 2025 first quarter ended September 30, 2024. Financial Summary: Three Months Ended September 30, $ in millions 2024 2023 % Change Revenue $8.4 $8.1 4 % Gross Profit $2.8 $2.3 22 % Operating Expenses $4.2 $3.6 18 % Net Loss ($1.6) ($1.3) 21 % EBITDA* Loss (non-GAAP) ($0.5) ($0.4) 25 % Fiscal
ORLANDO, Fla., Oct. 28, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it will release financial results for the fiscal first quarter ended September 30, 2024 after market close on November 7th, 2024. Management will host an investor conference call at 5:00 p.m. Eastern time on Thursday, November 7, 2024 to discuss the Company's first quarter fiscal 2025 financial results, provide a corporate upda
ORLANDO, Fla., Sept. 19, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2024 fourth quarter and full year ended June 30, 2024. Fiscal 2024 Full Year & Fourth Quarter Highlights: Revenue of $8.6 million for the fourth quarter of fiscal 2024; revenue of $31.7
ORLANDO, FL / ACCESSWIRE / September 10, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced it will report its fiscal 2024 fourth quarter and full year financial results on September 19, 2024 after the market close. The conference call and webcast will be held on the same day as follows:Date: Thursday, September 19, 2024Time: 5:00 PM (ET)Dial-in Number: 1-877-317-2514International Dial-in Number: 1-412-317-2514Webcast: 4Q2
ORLANDO, FL / ACCESSWIRE / May 9, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2024 third quarter ended March 31, 2024.Fiscal 2024 Third Quarter & Subsequent Highlights:Revenue of $7.6 million for the third quarter of fiscal 202418% of revenue was for customized lens assemblies and solutions and related engineering services, or LightPath 2.0 as we refer to these product groupsTotal ba
ORLANDO, FL / ACCESSWIRE / May 1, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced it will report its fiscal 2024 third quarter financial results on May 9, 2024 after the market close. The conference call and webcast will be held on the same day as follows:Date: Thursday, May 9, 2024Time: 4:30 PM (ET)Dial-in Number: 1-888-999-3183International Dial-in Number: 1-240-509-6603Webcast: Fiscal Third Quarter Earnings WebcastPa
ORLANDO, FL / ACCESSWIRE / February 8, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2024 second quarter ended December 31, 2023.Fiscal 2024 Second Quarter Highlights:Revenue of $7.3 million for the second quarter of fiscal 2024Total backlog at December 31, 2023 of $21.2 millionNet loss for the second quarter of fiscal 2024 was $1.7 millionEBITDA* loss for the second quarter of fiscal
ORLANDO, FL / ACCESSWIRE / January 25, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced it will report its fiscal 2024 second quarter financial results on February 8, 2024 after the market close. The conference call and webcast will be held on the same day as follows:Date: Thursday, February 8, 2024Time: 5:00 PM (ET)Dial-in Number: 1-877-317-2514International Dial-in Number: 1-412-317-2514Webcast: Fiscal Second Quarter E
ORLANDO, FL / ACCESSWIRE / November 9, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2024 first quarter ended September 30, 2023.Fiscal 2024 First Quarter Highlights:Revenue of $8.1 million for the first quarter of fiscal 2024Total backlog at September 30, 2023 of $21.3 millionNet loss for the first quarter of fiscal 2024 was $1.3 millionEBITDA* loss for the first quarter of fiscal 202
ORLANDO, FL / ACCESSWIRE / October 26, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced it will report its fiscal 2024 first quarter financial results on November 9, 2023 after the market close. The conference call and webcast will be held on the same day as follows:Date: Thursday, November 9, 2023Time: 5:00 PM (ET)Dial-in Number: 1-877-317-2514International Dial-in Number: 1-412-317-2514Webcast: Fiscal First Quarter Ear
ORLANDO, Fla., Nov. 7, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal 2025 first quarter ended September 30, 2024. Financial Summary: Three Months Ended September 30, $ in millions 2024 2023 % Change Revenue $8.4 $8.1 4 % Gross Profit $2.8 $2.3 22 % Operating Expenses $4.2 $3.6 18 % Net Loss ($1.6) ($1.3) 21 % EBITDA* Loss (non-GAAP) ($0.5) ($0.4) 25 % Fiscal
Also appearing on the show are, Sustainable Green Team (OTCQX:SGTM), Andie Monet with David Fagen, and SEKUR (OTCQX:SWISF)NEW YORK, NY / ACCESSWIRE / October 28, 2024 / New to The Street on Fox Business will air an exclusive lineup of sponsored programming tonight, starting at 11 PM PT. The show will feature in-depth interviews and insights from leading companies across multiple industries, showcasing groundbreaking innovations and strategic business developments. Featured Lineup:Modular Medical, Inc. (NASDAQ:MODD)CEO Jebb Besser will share the company's innovative approach to simplifying diabetes care through cutting-edge medical devices, aiming to improve patient outcomes and revolutioniz
ORLANDO, Fla., Oct. 28, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it will release financial results for the fiscal first quarter ended September 30, 2024 after market close on November 7th, 2024. Management will host an investor conference call at 5:00 p.m. Eastern time on Thursday, November 7, 2024 to discuss the Company's first quarter fiscal 2025 financial results, provide a corporate upda
LightPath Expands Partnership with Letter of Intent for Product Development, Manufacturing Localization in Europe and Volume Commitments ORLANDO, Fla., Oct. 24, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced receipt of a follow-on order and Letter of Intent ("LOI") for a sustained supply of infrared lens assemblies from a European defense customer for active duty use in first-person view (FPV) drone applications.
ORLANDO, Fla., Oct. 17, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced that management has been invited to attend the LD Micro Main Event XVII Conference taking place on October 29, 2024. Sam Rubin, President and Chief Executive Officer, stated: "We look forward to attending the LD Micro investor conference later this month, where we plan to share our continued operational momentum with institutio
Leading Methane Emissions Conference Taking Place October 15-16, 2024, in Fort Collins, Colorado ORLANDO, Fla., Oct. 15, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced the launch of a new Optical Gas Imaging ("OGI") camera platform to detect fugitive gas emissions for oil and gas applications at the CH4 Connections Conference taking place October 15-16, 2024, in Fort Collins, Colorado. In conjunct
Company to Host Meetings with Both Prospective Customers and End-Users to Discuss LightPath's Next-Generation Optics and Imaging Systems in Mission Critical Defense Applications ORLANDO, Fla., Oct. 10, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced its participation at the Association of the United States Army ("AUSA") 2024 Annual Meeting and Exposition, taking place October 14-16, 2024, in Washington D.C.
Initial Development Order with New Customer Follows Recently Granted European Defense Manufacturing License ORLANDO, Fla., Oct. 8, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced receipt of an initial development contract from a new European defense customer for the use of BlackDiamond glass in optical systems. The BlackDiamond glass, which has already completed qualification with the customer, uti
Strategic Defense Partnership Follows Successful Phase 1 Qualification of Additional LightPath Proprietary BlackDiamond™ Material Variants ORLANDO, Fla., Oct. 3, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced the U.S. Department of Defense ("DoD") via the Defense Logistics Agency, Strategic Materials ("DLA") has awarded Phase 2 funding to support the qualification of additional LightPath Black Diamond ("B
ORLANDO, Fla., Oct. 1, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced the appointment of experienced operations professional Steven Garcia as General Manager of the Company's production facility in Orlando, Florida. Mr. Garcia brings over two decades of expertise in domestic and internation
ORLANDO, Fla., Oct. 1, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, custom optical assemblies, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced the appointment of experienced operations professional Steven Garcia as General Manager of the Company's production facility in Orlando, Florida. Mr. Garcia brings over two decades of expertise in domestic and internation
ORLANDO, FL / ACCESSWIRE / March 6, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced Mr. Jason Messerschmidt has joined the Company in the role of Vice President, Sales."Jason brings over 20 years of experience in sales with a special emphasis on imaging systems used in firefighting and industrial settings. Jason's background in thermal imaging and product line growth aligns well with LightPath's evolution to providing complete, application specific imaging solutions," said Sam Rubin, Chief Executive Officer of LightPath.Jason joins
ORLANDO, FL / ACCESSWIRE / August 5, 2021 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced preliminary financial results for the fourth quarter and fiscal year ended June 30, 2021.Preliminary Results for the Fourth Quarter and Fiscal Year Ended June 30, 2021Subject to completion of the audit of the Company's financial results for the fourth quarter and fiscal year ended June 30, 2021, the Company expects to report:Total backlog between $21 million and $22 million at June 30, 2021, compared to $21.9 mill
ORLANDO, FL / ACCESSWIRE / May 12, 2021 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced that Mr. Louis Leeburg has been appointed as Chairman of the Board of Directors of LightPath, succeeding Mr. Robert Ripp who retired, effective May 11, 2021."I am honored to be appointed as Chairman of the Board of LightPath Technologies," said Louis Leeburg. "On behalf of the entire Board and executive management team, we thank Bob for his 22 years of service as Chairman and his dedicated stewardship of the Company
ORLANDO, FL / ACCESSWIRE / May 3, 2021 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced the appointment of Peter Greif to the position of Vice President, Operations, effective April 30, 2021. For more than 17 years, Mr. Greif held leading operational positions with Jabil Inc. (JBL), one of the largest manufacturing solutions providers based in Florida with over 260,000 employees worldwide across 100 locations in 30 countries."We are very pleased to announce the addition of Peter Greif to our management
ORLANDO, FL / ACCESSWIRE / March 9, 2021 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company" or "we"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced the appointment of Mr. Eric Creviston to its Board of Directors (the "Board"), effective March 4, 2020. Mr. Creviston will serve as a Class II director, filling the vacancy created by Dr. Stephen Brueck's recent retirement. Mr. Creviston is currently Corporate Vice President and President of the Mobile Products group of Qorvo Inc. (NASDAQ:QRVO) ("Qorvo"), which develops and commercializes worldwide semiconductor pro
HC Wainwright & Co. reiterated coverage of LightPath Technologies with a rating of Buy and set a new price target of $3.50 from $5.50 previously
HC Wainwright initiated coverage of LightPath Technologies with a rating of Buy and set a new price target of $5.50
H.C. Wainwright initiated coverage of LightPath with a rating of Buy and set a new price target of $5.50
B. Riley reiterated coverage of LightPath Technologies with a rating of Buy and set a new price target of $4.50 from $3.75 previously
Alliance Global Partners reiterated coverage of LightPath Technologies with a rating of Buy and set a new price target of $5.50 from $4.00 previously
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