Syntec Optics Appoints Dean Rudy As CFO; Succeeds Robert Nelson
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Syntec Optics (NASDAQ:OPTX), a leading provider of scientific, technical instruments, aerospace, and defense optics, announced today that it has secured over $2.2 million in orders for its ultra-high-precision space optics. The company will utilize its newly developed dedicated production cell to scale production for deliveries scheduled for the third quarter of 2024.
10-Q - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
DEF 14A - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
10-Q - SYNTEC OPTICS HOLDINGS, INC. (0001866816) (Filer)
ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it will host a conference call on Monday, November 18, 2024, at 5:00 p.m. Eastern Time (ET) to discuss its financial results and provide a business update. With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor delivered a keynote speech on the Future of Photonics at the Global Photonics Forum in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide,
ROCHESTER, NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Third Quarter 2024 Financial Highlights Net Sales of $7.86 million increased by 12.3% from $7.01 million in Q2 2024, and sales from products of $7.33 million increased by 17.2% from $6.26 million in Q3 2023.Adjusted EBITDA decreased to $1.10 million from $1.32 million in Q2 2024.Earnings per Share decreased to $0.00 from $0.01 in Q2 2024. Dean Rudy, CFO, said, "At the previous earnings call, we provide
ROCHESTER, NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced that it is planning to restart the manufacturing of components and assembly that supports the precision-guided munition program in March Q1 2025. This manufacturing capability restart, which was innovated over two decades ago, further solidifies Syntec Optics' position as a continued critical supplier of high-precision optical components for defense applications. Syntec Optics has been a trusted supplier to the program since 2004, delivering critical opti
ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (NASDAQ:OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced it will host a conference call on Monday, November 18, 2024, at 5:00 p.m. Eastern Time (ET) to discuss its financial results and provide a business update. With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor delivered a keynote speech on the Future of Photonics at the Global Photonics Forum in Malaga, Spain, on October 1-2, 2024. At this event organized by Optica, a Society that advances optics and photonics worldwide,
ROCHESTER, NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, today announced it will host a conference call to discuss its financial results and provide a business update on Thursday, August 15, 2024, at 5:00 p.m. Eastern Time (ET). Conference Call Details: Date: Thursday, August 15, 2024 Time: 5:00 p.m. ET Dial-In Number: +16469313860,,84095219819#,,,,*311664# (Please dial in prior to the call) Webcast: A recording of the conference call will be available on the Events & Presentations p
ROCHESTER, NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (NASDAQ:OPTX), a leading provider of mission-critical optics for scientific and technical instruments and defense and aerospace OEMs, today announced it will host a conference call to discuss its financial results and provide a business update on Tuesday, May 28, 2024, at 5:00 p.m. Eastern Time (ET). Conference Call Details: Date: Tuesday, May 28, 2024Time: 5:00 p.m. ETDial-In Number: +16469313860,,88062474752#,,,,*488772# (Please dial in prior to the call)Webcast: A recording of the conference call will be available on the Events & Presentations pa