ORLANDO, FL / ACCESSWIRE / August 29, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its second quarter ended June 30, 2024.Wayne Tupuola, CEO of Laser Photonics, commented:"While our second quarter reflected a revenue decline due to pushouts in timing for expected orders that were delayed resulting from customers' internal capex review processes, we are encouraged by the mix of CleanTech representing over 80% of our sales during the quarter."Looking ahead, we are focused on market penetration activities for CleanTech, developing and commercializin
Revenue increased 10%; reduced operating loss by 39%; reduced net loss and diluted loss per share by 57% each ORLANDO, FL / ACCESSWIRE / May 14, 2024 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced results for its first quarter ended March 31, 2024.Wayne Tupuola, CEO of Laser Photonics, commented: "Our first quarter generally showed positive momentum with 10% revenue growth and significant operating and net loss reductions. Despite CleanTech making up over 80% of sales, our gross margin was down from last year as we sold several lower power systems in the quarter. N
Fourth quarter revenue grew by 673%Fourth quarter operating and net losses improved by 36% and 86%, respectivelyORLANDO, FL / ACCESSWIRE / April 15, 2024 / Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global industrial developer of CleanTech Laser Systems for laser cleaning and other applications, today announced financial results for its fourth quarter and year ended December 31, 2023, and provided the following letter to its shareholders from CEO Wayne Tupuola.Dear Shareholders,2023 was a year of transition for Laser Photonics. During the year, we made significant investments that have positioned us well to capture the vast market opportunity ahead for CleanTech while introdu
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Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, has released a shareholder letter. Dear Laser Photonics Shareholders, As we're about to end the third quarter and transition into the fourth, we are delighted to share with you the latest accomplishments at Laser Photonics and reveal some strategic plans. This year, we have witnessed a growing awareness of the benefits of laser material processing from enterprises in a wide range of industries – to name a few, we have served clients operating in defense, nuclear power, oil and gas, nondestructive testing, robotics, and more. Along
Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, in partnership with its sibling company Fonon Technologies, announced today that it is processing the order for a DefenseTech laser system from the Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF). LPC is to deliver to PHNSY & IMF the DefenseTech MRLS Portable Finishing Laser 1010 (DTMF-1010) – an ultra-compact and portable pulsed fiber laser system for surface treatment. Designed explicitly for the naval tool kit, the DTMF-1010 is efficient in small-scale de-oxidation and rust control, top-layer coat
Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it has completed a sale and is working on a partnership agreement with the U.S. division of Acuren, a leading provider of asset protection services through nondestructive testing (NDT) and consulting. LPC is to deliver its CleanTech Industrial Roughening Laser 3050 (CTIR-3050) to the U.S. Operations of Acuren in a sale that marks the beginning of the two companies' relationship. The two companies are working together to have LPC join Acuren as a preferred partner for an ongoing purchasing program. This collabor
Governor Ron DeSantis went there at the Republican National Convention (RNC) in Milwaukee on Wednesday: He used his platform to rail against Florida's upcoming vote to legalize recreational marijuana telling his comrades that if weed is legalized, people will be able to possess practically limitless amounts of the stuff. "It gives you a limitless constitutional right to possess and smoke. I think it's up to like, what, 40 joints, is that the three ounces would be 40? More than that, 80 joints. Something like that," he said. In fact, he noted that if the cannabis legalization ballot wins, marijuana rights will surpass the constitutional guarantees of the First and Second Amendments
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Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that it will join Brokk, a leading manufacturer of remote-controlled demolition robots, at the 2024 MINExpo INTERNATIONAL – the world's largest mining event. Set to take place from September 24 to 26 in Las Vegas, Nevada, MINExpo covers all phases of mining and attracts buyers from many sectors, including coal, metal and mineral production; equipment manufacturers; and suppliers of goods and services related to mining. The event is hosted by the National Mining Association (NMA), the only national trade association
LPC brings in significant industry sales experience to drive laser cutting technology sales in these new markets Laser Photonics Corporation (NASDAQ:LASE) (LPC), a leading global developer of laser systems for cleaning and other material processing applications, announced today that it has appointed Brady A. Hart as its new Semiconductor and Display Sales Director as part of its long-term growth and diversification strategy. Prior to joining Laser Photonics, Hart served as the Regional Sales Manager for the West Coast at Microtips Technology, a custom LCD display manufacturer, and as Strategic Account Manager for Precision Electronic Glass, a provider of custom glass and quartz products
ORLANDO, FL / ACCESSWIRE / November 16, 2023 / Laser Photonics Corporation (NASDAQ:LASE), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, announced today that it received an order for its advanced CleanTech laser cleaning systems.Santa Rosa (Calif.) Junior College's Department of Career Education and Economic Development was looking for leading-edge laser cleaning technologies and equipment for its workforce programs after identifying laser cleaning as a preferred industrial fabrication method. This led to them seeking out Laser Photonics due to the company's reputation for world-class service and a 40-year history of cutting-edge pro