Laser Photonics Corp

Laser Photonics Corp. is a vertically integrated manufacturing company for photonics based industrial products and solutions, primarily disruptive laser cleaning technologies. Its vertically integrated operations allow to reduce development and advanced laser equipment manufacturing time, offer better prices, control quality and protect proprietary knowhow and technology compared to other laser cleaning companies and companies with competing technologies. The company is headquartered in Orlando, FL.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Laser Photonics Corp. engages in the business of manufacturing and research and development of industrial laser technologies and systems. The firm also offers operations that allow the customers to reduce development and advanced laser equipment manufacturing time, offer better prices, control quality, and protect the proprietary knowhow and technology compared to other laser cleaning companies and companies with competing technologies. The company was founded on November 8, 2019 and is headquartered in Orlando, FL.

Investors can contact the law firm at no cost to learn more about recovering their losses

Laser Photonics Corp. Investors: Company Investigated by the Portnoy Law Firm

NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Laser Photonics Corporation ("Laser Photonics Corporation") (NASDAQ:LASE) concerning possible violations of federal securities laws. Laser Photonics disclosed in a filing with the U.S. Securities and Exchange Commission on September 23, 2024, "that the Company's previously issued financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the period ended June 30, 2024, should no longer be relied upon as a result of the Company's predecessor auditor, Fruci & Associates II, PLLC (‘Fruci'), identifying an adjusting entry that Fruci had proposed and that was posted by the Company that overstated deferred revenue and needed to be corrected as discussed in further detail in Note 7 of the December 31, 2023, financial statements in the Company's Form 10-K/A that it filed on August 28, 2024, and the Form 10-Q/A filed September 12, 2024.

Lost Money on Laser Photonics Corporation(LASE)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

LASE ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Laser Photonics Corporation Shareholders Who Lost Money

Block & Leviton is investigating Laser Photonics Corp (Nasdaq: LASE) for potential securities fraud. Investors who have lost money should contact the firm.

Laser Photonics Corp. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

ORLANDO, Fla.--(BUSINESS WIRE)--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 received an order for its handheld CleanTech CTIR-3040 industrial roughening laser system from Hemlock Semiconductor (HSC), the nation's top producer of hyper-pure polysilicon for the semiconductor and solar industries. “Hyper-pure polysilicon production mandates exceptional p.

Laser Photonics to Supply CleanTech Laser Cleaning Technology to Hemlock Semiconductor

NEW YORK, NY / ACCESSWIRE / September 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Laser Photonics Corporation ("Laser Photonics Corporation") (NASDAQ:LASE) concerning possible violations of federal securities laws. Laser Photonics disclosed in a filing with the U.S. Securities and Exchange Commission on September 23, 2024, "that the Company's previously issued financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the period ended June 30, 2024, should no longer be relied upon as a result of the Company's predecessor auditor, Fruci & Associates II, PLLC (‘Fruci'), identifying an adjusting entry that Fruci had proposed and that was posted by the Company that overstated deferred revenue and needed to be corrected as discussed in further detail in Note 7 of the December 31, 2023, financial statements in the Company's Form 10-K/A that it filed on August 28, 2024, and the Form 10-Q/A filed September 12, 2024.

ATTENTION LASE SHAREHOLDERS: Investors who lost money on Laser Photonics Corporation are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Laser Photonics Corporation (“Laser Photonics” or the “Company”) (NASDAQ:LASE) on behalf of Laser Photonics stockholders. Our investigation concerns whether Laser Photonics has violated the federal securities laws and/or engaged in other unlawful business practices.

LASER PHOTONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Laser Photonics Corporation on Behalf of Laser Photonics Stockholders and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Laser Photonics Corporation ("Laser Photonics Corporation") (NASDAQ:LASE) concerning possible violations of federal securities laws. Laser Photonics disclosed in a filing with the U.S. Securities and Exchange Commission on September 23, 2024, "that the Company's previously issued financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the period ended June 30, 2024, should no longer be relied upon as a result of the Company's predecessor auditor, Fruci & Associates II, PLLC (‘Fruci'), identifying an adjusting entry that Fruci had proposed and that was posted by the Company that overstated deferred revenue and needed to be corrected as discussed in further detail in Note 7 of the December 31, 2023, financial statements in the Company's Form 10-K/A that it filed on August 28, 2024, and the Form 10-Q/A filed September 12, 2024.

Shareholder Rights Advocates at Levi & Korsinsky Investigate Laser Photonics Corporation (LASE) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Laser Photonics Corporation ("Laser Photonics Corporation") (NASDAQ:LASE) concerning possible violations of federal securities laws. Laser Photonics disclosed in a filing with the U.S. Securities and Exchange Commission on September 23, 2024, "that the Company's previously issued financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the period ended June 30, 2024, should no longer be relied upon as a result of the Company's predecessor auditor, Fruci & Associates II, PLLC (‘Fruci'), identifying an adjusting entry that Fruci had proposed and that was posted by the Company that overstated deferred revenue and needed to be corrected as discussed in further detail in Note 7 of the December 31, 2023, financial statements in the Company's Form 10-K/A that it filed on August 28, 2024, and the Form 10-Q/A filed September 12, 2024.

Laser Photonics Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - LASE

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, and Brokk, a leading provider of remote-controlled robotic machines for construction, tunneling, mining and process customers, announce the expansion of their technology partnership for collaboration in Australia. Under the agreement, LPC and Brokk Australia plan to bring laser cleaning and cutting.

Laser Photonics & Brokk Australia Partner to Bring Laser-Powered Robotic and Handheld Systems to Asia-Pacific Region

ORLANDO, Fla.--(BUSINESS WIRE)--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 Robert Hoffman as its new Outside Sales Director as part of its long-term growth and diversification strategy. Prior to joining Laser Photonics, Hoffman served as the Southeast Regional Sales Manager for Keyence, a leading provider of factory automation solutions, including sen.

Laser Photonics Welcomes New Outside Sales Director To Propel Laser Material Processing Market Penetration

ORLANDO, Fla.--(BUSINESS WIRE)--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.

Laser Photonics Releases Shareholder Letter on Growth and Strategic Plans

ORLANDO, Fla.--(BUSINESS WIRE)--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.

Laser Photonics Lands Sale With Acuren, Leader in Nondestructive Testing Services

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, unveils the visual concept of its next-generation CleanTech Industrial Robotic Cell 6040 (CTIR-6040), in response to the increasing focus on worker safety in industrial operations. Increasingly, enterprises in the industrial sector view worker safety not only as their moral and legal obligation but also.

Laser Photonics Shares Concept Animation of Next-Gen CleanTech Robotic Cell

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that the Company received a letter from Nasdaq stating that the Company was now in compliance with Listing Rule 5250(c)(1). About Laser Photonics Corporation Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and syst.

Laser Photonics Corporation Announces It Has Regained Compliance With Nasdaq Listing Standards

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, today announced results of its August 30, 2024 Shareholder Annual Meeting. The company's 4 director nominees (Wayne Tupuola, Tim Miller, Troy Parkos, Carlos M. Gonzalez) were re-elected to one-year terms expiring at the at the annual meeting of stockholders of the company in 2025, or until their successo.

Laser Photonics Announces 2024 Annual Shareholder Meeting Results

Laser Photonics Regains Compliance With Nasdaq Listing Requirements

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announced today that the Company filed its Form 10-Q for its latest quarter ended June 30, 2024, on August 29, 2024 and subsequently, received a letter from Nasdaq stating that in light of the filing of its Form 10-Q for the quarter ended June 30, 2024, Laser Photonics was now in compliance with Listing.

Laser Photonics Files 10-Q For the Period Ended June 30, 2024

Laser Photonics Corporation (NASDAQ:LASE ) Q2 2024 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Brian Siegel - Senior Managing Director, Hayden IR Wayne Tupuola - Chairman, President and Chief Executive Officer Carlos Sardinas - Vice President of Finance Brian Siegel Thank you, operator. With me today are Wayne Tupuola, Laser Photonics' CEO; and Carlos Sardinas, the Company's VP of Finance.

Laser Photonics Corporation (LASE) Q2 2024 Earnings Call Transcript

ORLANDO, Fla.--(BUSINESS WIRE)--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 s.

Laser Photonics To Join Brokk at 2024 MINExpo

Macy's

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.

Laser Photonics Announces Second Quarter 2024 Results

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that Tim Miller has been appointed to its board of directors, effective August 23, 2024. He will also serve as Chairman of LPC's Compensation Committee. Miller brings a wealth of expertise in laser systems for material processing to LPC's board. Since 1983, he headed Control Micro Systems.

Laser Photonics Welcomes Director With Expertise in Laser System Development for Pharmaceutical and Other Industries

ORLANDO, FL / ACCESSWIRE / August 27, 2024 / Laser Photonics Corporation (LPC) (NASDAQ:LASE), a leading global industrial developer of CleanTech Laser Systems for laser cleaning and other applications, today announced that on August 20, 2024, it received a notice from Nasdaq Listing Qualifications department of The Nasdaq Stock Market LLC ("Nasdaq") stating that since the Company has not yet filed its Form 10-Q for the quarter ended June 30, 2024 (the "Filing"), and it no longer complies with Nasdaq's Listing Rules (the "Rules"), specifically Listing Rule 5250(c)(1), for continued listing. Under the Rules, the Company has 60 calendar days to submit a plan to regain compliance, and if Nasdaq accepts the Company's plan, Nasdaq can grant an exception of up to 180 calendar days from the Filing's due date, or until February 17, 2025, to regain compliance.

Laser Photonics Received NASDAQ Compliance Letters Related to Late Filing of the June 30, 2024 10-Q

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, announces the launch of the CleanTech MegaCenter 5010 (CTIR-5010) – a versatile surface treatment system for seamless integration into production lines and more. LPC's new CTIR-5010 is an industrial-caliber fiber laser solution for semi-automatic laser cleaning and surface conditioning. Featuring a work.

Laser Photonics Launches Semi-Automated CleanTech MegaCenter

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, is thrilled to share that it has been hosting representatives of leading companies from a broad range of industries at its state-of-the-art Customer Experience Center (CEC) for product demonstrations and consultations. LPC's CEC in Orlando, Fla., is an outstanding venue for existing and prospective custo.

News for Laser Photonics Corp Stock (LASE)