LightPath Technologies

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical and infrared components. Its products include molded glass and assemblies, infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies, and collimator assemblies, which are used in applications involving light detection and ranging technology. The firm supports a range of customers in the field of industrial, laser, defense, medical, telecommunications, and instrumentation. The company was founded on June 15, 1992 and is headquartered in Orlando, FL.

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LightPath Technologies strategically positions for growth amidst Q1 challenges

Despite facing challenges related to construction impact and financial performance metrics, LightPath Technologies is strategically positioned to capitalize on opportunities in the solutions business, defense, and high volume markets. The company's focus on new product relationships and potential catalysts for revenue presents promising growth prospects.

LightPath Technologies reports strong Q2 earnings and eyes global expansion

LightPath Technologies demonstrated solid financial performance in Q2 2023, with revenue growth and improved margins.
The company's strategic shift to a solutions provider and focus on defense optics and new products drive growth prospects.
While challenges exist in China's market recovery and operational cash usage, opportunities in new applications and market expansion offer avenues for future success.

LightPath Technologies reports Q3 challenges but eyes strategic growth

LightPath Technologies faced challenges in Q3 with lower revenue and gross margin, leading to a net loss, but is strategically transitioning to a solutions provider.
Despite delays in shipments, the company introduced the Mantis imaging module and has a strong backlog, indicating growth potential and market interest.
Opportunities lie in expanding into defense and automotive markets, driving new revenue streams, and exploring strategic investments for future growth.
With a focus on operational efficiency and capacity expansion, LightPath aims to overcome challenges and capitalize on opportunities for sustained growth.

LightPath Technologies transitions to value-added solutions, eyes market expansion

LightPath Technologies navigated challenges in fiscal 2023 while focusing on market expansion and product innovation.
The company's shift to value-added solutions and acquisitions position it for growth in imaging solutions.
Despite losses, strategic investments and a favorable product mix signal potential for improved financial performance.
Management's gratitude for stakeholders' trust underscores commitment to driving future success.

LightPath Technologies excels in Q1 2024 with strategic wins and revenue growth

LightPath Technologies' Q1 2024 showcased strong performance with key wins and revenue contributions across segments. While facing challenges in the automotive market and supply chain issues, the company is strategically positioned for growth. Opportunities lie in customer acceptance of alternative materials and future business retooling efforts.

LightPath Technologies reports Q2 challenges, eyes growth opportunities ahead

LightPath Technologies navigated challenges in Q2 2024 with a focus on strategic growth pillars and revenue diversification.
Despite lower visible component sales and legal issues, the company capitalized on partnerships and talent recruitment for innovation.
Opportunities lie in the Lockheed Martin partnership, revenue uptick in Q3 and Q4, and development of passive detection capabilities.
Strategic shifts towards value-added solutions and market expansion position LightPath for long-term growth and competitiveness in evolving markets.

LightPath Technologies excels in Q3, eyes growth in defense and space sectors

LightPath Technologies demonstrated resilience and strategic vision in Q3 2024, capitalizing on growth opportunities in key sectors and driving revenue from innovative solutions.
While facing challenges in margins and costs, the company's focus on realignment towards LightPath 2.0 and 3.0 sets the stage for future growth and profitability.
With a strong foundation in place, ongoing development projects, and a commitment to excellence, LightPath Technologies is poised for success in critical upcoming quarters.

LightPath Technologies reports growth in defense sales amidst financial challenges

LightPath Technologies demonstrated growth in infrared components and defense sales but faced challenges with lower revenue and gross margin in Q4 2024.
The company's transition to a solutions provider and focus on innovative thermal cameras position it well for future opportunities in specific applications.
Efforts towards restructuring, cost reduction, and exploring new partnerships reflect a proactive approach to addressing financial pressures and driving growth.
Analysts' inquiries about revenue growth expectations and customer adoption highlight the importance of strategic planning and market positioning for LightPath.

LightPath Technologies transitions to system solutions, eyes defense market growth

LightPath Technologies is navigating a transformation towards system-level solutions and defense programs, with a focus on revenue growth and shareholder value. While facing challenges in managing expenses and profitability, the company is well-positioned to capitalize on growth opportunities in the defense market and expand its market presence.

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LightPath Technologies, Inc. engages in the design, development, manufacture, and distribution of optical and infrared components. Its products include molded glass and assemblies, infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies, and collimator assemblies, which are used in applications involving light detection and ranging technology. The firm supports a range of customers in the field of industrial, laser, defense, medical, telecommunications, and instrumentation. The company was founded on June 15, 1992 and is headquartered in Orlando, FL.

LightPath Technologies, Inc. (LPTH) delivered earnings and revenue surprises of 40% and 13.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

LightPath Technologies, Inc. (LPTH) Reports Q2 Loss, Tops Revenue Estimates

Delivers on New Strategic Direction with the Release of Advanced Infrared Camera, Mantis ORLANDO, FL / ACCESSWIRE / February 9, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries, today announced financial results for its fiscal 2023 second quarter ended December 31, 2022. Management Commentary LightPath's President and Chief Executive Officer Sam Rubin stated, "Our fiscal second quarter results reflect sequential improvement in both revenue and gross margin, as compared to the first quarter of fiscal 2023.

LightPath Technologies Reports Financial Results for Fiscal 2023 Second Quarter

ORLANDO, FL / ACCESSWIRE / January 26, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries today announced it will report its fiscal 2023 second quarter financial results on February 9, 2023 after the market close. The conference call and webcast will be held on the same day as follows: Date: Thursday, February 9, 2023 Time: 5:00 PM (ET) Dial-in Number: 1-877-317-2514 International Dial-in Number: 1-412-317-2514 Webcast: Fiscal Second Quarter Earnings Webcast Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.

LightPath Technologies Schedules Fiscal 2023 Second Quarter Financial Results Conference Call for February 9, 2023

ORLANDO, FL / ACCESSWIRE / January 12, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath" or the "Company") today announced the pricing of its previously announced public offering of 9,090,910 shares of common stock at a purchase price of $1.10 per share for aggregate gross proceeds of approximately $10 million, before deducting placement agent fees and other offering expenses. The closing of the offering is expected to occur on or about January 17, 2023, subject to the satisfaction of customary closing conditions.

LightPath Technologies, Inc. Announces Pricing of $10 Million Public Offering of Common Stock

ORLANDO, FL / ACCESSWIRE / January 11, 2023 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company") today announced that it intends to offer and sell shares of its common stock in a public offering. All of the securities to be sold in the offering are to be offered by LightPath.

LightPath Technologies, Inc. Announces Proposed Public Offering of Common Stock

Phoenix, Arizona--(Newsfile Corp. - January 5, 2023) - The Stock Day Podcast welcomed LightPath Technologies, Inc. (NASDAQ: LPTH), a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. CEO of the Company, Sam Rubin, joined Stock Day host Everett Jolly. Rubin began the interview by elaborating on his background with the Company.

LightPath Technologies, Inc. CEO, Sam Rubin, Discusses Innovative Applications For its Proprietary Black Diamond(TM) Glass Lenses with The Stock Day Podcast

ORLANDO, FL / ACCESSWIRE / December 21, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, introduces MANTIS the company's first Multi-Spectral Infrared Camera System. Multi-spectral cameras allow users to reduce the number of cameras and lenses needed for any infrared imaging use.

LightPath Introduces MANTIS, The Company's First Multispectral Camera System

ORLANDO, FL / ACCESSWIRE / December 20, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced that Scott Faris, current LightPath Director, has been appointed Chair of the Board succeeding Louis Leeburg effective December 20, 2022. Mr. Leeburg was appointed Chair in May of 2021, and has served on the Board since May 1996.

Lightpath Technologies Announces Change to the Board's Leadership

ORLANDO, FL / ACCESSWIRE / December 19, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced that the Company has been qualified to provide advanced infrared optics for a critical international military program (or the "Program"). The Company has been awarded an initial order of $2.5 million.

LightPath Secures New Defense Contract; Backlog Increases to Record $31 Million

ORLANDO, FL / ACCESSWIRE / December 1, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced that the Company has renewed its supply contract with a major commercial infrared vision products customer in excess of $5 million, representing a 20% increase from last year's renewal. LightPath's President and Chief Executive Officer, Sam Rubin, commented, "We are pleased to announce this year's contract renewal as it represents an expansion of our partnership and a more than 20% increase from last year's renewal.

LightPath Technologies Receives Contract Renewal for Infrared Optical Lens Elements Representing 20% Increase from Previous Renewal

LightPath Technologies, Inc. (NASDAQ:LPTH ) Q1 2023 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Albert Miranda – Chief Financial Officer Sam Rubin – President and Chief Executive Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Gene Inger – ingerletter.com Scott Buck – H.C. Wainwright Operator Good afternoon, and welcome to the LightPath Technologies Fiscal 2023 First Quarter Financial Results Conference Call.

LightPath Technologies, Inc. (LPTH) Q1 2023 Earnings Call Transcript

LightPath continues transition to solutions provider despite challenges in China and Hurricane Ian ORLANDO, FL / ACCESSWIRE / November 10, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a vertically integrated provider of engineered solutions for the global photonics industry, today announced financial results for its fiscal 2023 first quarter ended September 30, 2022. Management Commentary LightPath's President and Chief Executive Officer Sam Rubin stated, "The first quarter of LightPath's 2023 fiscal year continued the transition in our strategic direction focused on delivering high-value optical solutions.

LightPath Technologies Reports Financial Results for Fiscal 2023 First Quarter

ORLANDO, FL / ACCESSWIRE / November 10, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies, announced that the Company's BD6 infrared glass has passed radiation testing and is qualified for use as a replacement for Germanium in space applications. The testing of LightPath's BD6 as part of a European Space Agency ("ESA") project comes in parallel to efforts by the US Department of Defense, European defense agencies, and others to reduce their dependence on Germanium by qualifying an alternative.

LightPath Announced Qualification of its BD6 Material for Space Applications

ORLANDO, FL / ACCESSWIRE / October 27, 2022 / 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 it will report its fiscal 2023 first quarter financial results on November 10, 2022 after the market close. The conference call and webcast will be held on the same day as follows: Date: Thursday, November 10, 2022 Time: 5:00 PM (ET) Dial-in Number: 1-877-317-2514 International Dial-in Number: 1-412-317-2514 Webcast: Fiscal First Quarter Earnings Webcast Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.

LightPath Technologies Schedules Fiscal 2023 First Quarter Financial Results Conference Call for November 10, 2022

ORLANDO, FL / ACCESSWIRE / October 6, 2022 / 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 provided an update regarding the impact of Hurricane Ian. The Company's largest manufacturing facility and a significant employee base are located in and around the Orlando, Florida area.

LightPath Technologies Provides Update Related to Hurricane Ian

LightPath Technologies, Inc. Q4 2022 Earnings Conference Call September 14, 2022 5:00 PM ET Company Participants Albert Miranda - Chief Financial Officer Sam Rubin - President and Chief Executive Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Gene Inger - ingerletter.com Operator Good afternoon. And welcome to the LightPath Technologies Fiscal 2022 Fourth Quarter Financial Results Conference Call.

LightPath Technologies, Inc. Q4 2022 Earnings Call Transcript

LightPath Technologies, Inc. (LPTH) delivered earnings and revenue surprises of -150% and 8.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

LightPath Technologies, Inc. (LPTH) Reports Q4 Loss, Misses Revenue Estimates

New Proprietary Technologies Provide Further Growth Opportunities ORLANDO, FL / ACCESSWIRE / September 14, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a vertically integrated provider of engineered solutions for the global photonics industry, today announced financial results for the fourth quarter and full fiscal year ended June 30, 2022. Management Commentary LightPath's President and Chief Executive Officer Sam Rubin stated, "Fiscal 2022 was a transition year for LightPath Technologies as we began to embark on our new strategic direction focused on delivering high value optical solutions.

LightPath Technologies Reports Financial Results for Fiscal Year and Fourth Quarter 2022

ORLANDO, FL / ACCESSWIRE / September 6, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies announced it will present virtually at the H.C. Wainwright Annual Global Investment Conference, which is being held on September 12th - 14th, 2022.

LightPath Technologies to Present at H.C. Wainwright Annual Global Investment Conference

ORLANDO, FL / ACCESSWIRE / September 1, 2022 / 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 it will report its fiscal 2022 fourth quarter and full year financial results on September 14, 2022 after the market close. The conference call and webcast will be held on the same day as follows: Date: Wednesday, September 14, 2022 Time: 5:00 PM (ET) Dial-in Number: 1-877-317-2514 International Dial-in Number: 1-412-317-2514 Webcast: 4Q and Full Year Financial Results Webcast Link Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.

LightPath Technologies Schedules Fiscal 2022 Fourth Quarter and Year End Financial Results Conference Call for September 14, 2022

ORLANDO, FL / ACCESSWIRE / August 22, 2022 / 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 a record backlog for the company in August 2022 of $24.0 million, which surpassed the $23.8 million backlog in December 2020. Commenting on the backlog, Sam Rubin, Chief Executive Officer of LightPath, stated, "We believe the increased backlog is an indication that our new strategy is delivering results.

LightPath Technologies Announces Record Backlog in August of $24 million

Orlando, Florida--(Newsfile Corp. - August 10, 2022) - LightPath Technologies, Inc. (NASDAQ: LPTH) today announced that Sam Rubin, Chief Executive Officer will be attending the Q3 Virtual Investor Summit. LightPath is a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies. ﻿ Event: Q3 Investor Summit Date: August 16 & 17th, 2022 Presentation:

LightPath Technologies, Inc. to Present at Investor Summit Group's Q3 Virtual Conference

ORLANDO, FL / ACCESSWIRE / August 2, 2022 / 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 a new supply agreement for Precision Molded Optics, with a long time European customer of precision motion control systems and OEM assemblies. The new supply agreement will go into effect in the second half of our fiscal 2023 and is expected to run for around 12-18 months.

LightPath Technologies Announces Supply Agreement with Long Time European Customer for Precision Molded Optics

ORLANDO, FL / ACCESSWIRE / July 14, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies is pleased to announce that its partner, Seek Thermal, won the 2022 Best of Sensors award in the opticals and cameras category for its Micro Core Product. Micro Core uses an optical system designed and produced by LightPath for their specific needs.

Micro Core by Seek Thermal Wins 2022 Best of Sensors Award Using LightPath's Optical Assembly

ORLANDO, FL / ACCESSWIRE / July 6, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologies announced that QuantLR, an Israeli-based Quantum technology company that enables global mass deployment of Quantum Cryptography, has chosen LightPath as its partner to develop a free space quantum encryption system. LightPath and QuantLR will join forces to develop a ground-to-satellite, ground-to-air, ground-to-ground, and satellite-to-satellite free space optical communication channels, which will be used for a generation of quantum encryption keys, enabling secure quantum communication (QKD).

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