Precision Optics Corp Inc/Mass

Precision Optics Corp., engages in the design, development, manufacture, and selling of optical instruments. Its products include microprecision lenses and micro medical camera, 3D endoscope, and robotic surgery systems. The company was founded by Richard E. Forkey in December 1982 and is headquartered in Gardner, MA.

Earnings data Q2 2023

Earnings data Q3 2023

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Precision Optics Corp Inc/Mass reports robust Q3 earnings and eyes market expansion

Precision Optics Corp Inc/Mass (POCI) delivered a strong performance in Q3 2024, driven by new production orders and improved margins. The company's focus on the medical device and defense aerospace markets, along with strategic acquisitions, positions it for continued growth.
While facing challenges in maintaining revenue growth and expanding in competitive markets, Precision Optics Corp Inc/Mass has opportunities to leverage its recent high-volume production order and platform system approach for accelerated growth.

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Precision Optics Corp. engages in the design, development, manufacture, and selling of optical instruments. Its products include microprecision lenses and micro medical cameras, 3D endoscopes, and robotic surgery systems. The company was founded by Richard E. Forkey in December 1982 and is headquartered in Gardner, MA.

Dublin, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The "Ophthalmic Lens and Precision Optics Manufacturing Machines - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Ophthalmic Lens and Precision Optics Manufacturing Machines was valued at an estimated US$500.8 Million in 2023 and is projected to reach US$596.3 Million by 2030, growing at a CAGR of 2.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Ophthalmic Lens and Precision Optics Manufacturing Machines Industry Research 2023-2030: Increasing Focus on Precision and Customization Sustains Growth in High-Performance Optics

GARDNER, Mass., July 08, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced the appointment of Clay Schwabe, as the Company's Vice President of Sales and Marketing.

Precision Optics Appoints Clay Schwabe as VP of Sales and Marketing

GARDNER, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that Dr. Joe Forkey, Chief Executive Officer, will participate in a webcasted presentation and host one-on-one meetings with investors at the Lytham Partners Spring 2024 Investor Conference, taking place virtually on Thursday, May 30, 2024.

Precision Optics to Participate in the Lytham Partners Spring 2024 Investor Conference on May 30, 2024

Start Time: 17:00 January 1, 0000 5:33 PM ET Precision Optics Corporation, Inc. Q3 2024 Earnings Conference Call May 15, 2024, 17:00 PM ET Company Participants Joe Forkey - President and CEO Wayne Coll - CFO Robert Blum - Lytham Partners, IR Conference Call Participants Operator Good afternoon, everyone, and welcome to the Precision Optics Reports Third Quarter Fiscal Year 2024 Financial Results Conference Call. All participants will be in a listen-only mode.

Precision Optics Corporation, Inc. (POCI) Q3 2024 Earnings Call Transcript

GARDNER, Mass., May 15, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, announced operating results on an unaudited basis for its third quarter fiscal year 2024 for the period ended March 31, 2024.

Precision Optics Reports Third Quarter Fiscal Year 2024 Financial Results

GARDNER, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced a $9 million production order from a leading surgical company to supply single-use endoscope assemblies used in their cystoscopy surgery system. The assembly draws on POC's unique micro-optics and digital imaging technologies. This is the largest order POC has ever received and illustrates the opportunities that single-use applications provide to the Company.

Precision Optics Announces Record $9 Million Production Order for High Volume Single-Use Cystoscopy Surgery Program

GARDNER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (Nasdaq: POCI) (the "Company"), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that it has scheduled a conference call to discuss third quarter of fiscal year 2024 financial results on Wednesday, May 15, 2024, at 5:00pm ET.

Precision Optics Corporation Schedules Third Quarter of Fiscal Year 2024 Conference Call for Wednesday, May 15, 2024

GARDNER, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced the receipt of a follow-on production order totaling approximately $1.25 million from a major U.S. defense contractor, to meet continued demand for a highly complex optical assembly developed by Precision Optics. Approximately half of the order is expected to be delivered in the next 6 months, with the remainder to be delivered over the following 6 to 12 months.

Precision Optics Announces Receipt of $1.26 Million Follow On Production Order from Large Defense Company

GARDNER, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that Dr. Joe Forkey, Chief Executive Officer, and Wayne Coll, Chief Financial Officer, will present at the Planet MicroCap Showcase: VEGAS 2024, on Wednesday, May 1, 2024 at 4:00pm PT. The Company will also host in person one-on-one meetings with investors on Thursday, May 2, 2024.

Precision Optics to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024

GARDNER, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced it has received a $720,000 follow on production order from a top tier defense/aerospace company addressing a commercial application that leverages the Company's proprietary manufacturing technology developed for high precision micro-optics systems.

Precision Optics Announces Receipt of $720,000 Follow-On Production Order from Top Tier Defense/Aerospace Customer for New Optical Application

Precision Optics Corporation, Inc. (POCI) Q2 2024 Earnings Call Transcript

Conference Call Scheduled for today, February 14, 2024, at 5:00pm ET. GARDNER, Mass.

Precision Optics Reports Second Quarter Fiscal Year 2024 Financial Results

GARDNER, Mass. , Feb. 8, 2024 /PRNewswire/ -- Precision Optics Corporation, Inc. (Nasdaq: POCI) (the "Company"), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that it has scheduled a conference call to discuss second quarter of fiscal year 2024 financial results on Wednesday, February 14, 2024, at 5:00pm ET.

Precision Optics Corporation Schedules Second Quarter of Fiscal Year 2024 Conference Call for Wednesday, February 14, 2024

GARDNER, Mass. , Jan. 23, 2024 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that Dr. Joe Forkey, Chief Executive Officer, will participate in a fireside chat and host one-on-one meetings with investors at the Lytham Partners 2024 Investor Select Conference, taking place virtually on February 1, 2024.

Precision Optics to Participate in a Fireside Chat at the Lytham Partners 2024 Investor Select Conference on February 1, 2024

GARDNER, Mass. , Dec. 4, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense / aerospace industries, today announced it has signed a production and technology license agreement with a leading surgical robotics company to supply a single-use endoscope assembly used in their cystoscopy robotic surgery system.

Precision Optics Enters into Production and Technology Licensing Agreement for Single-Use Cystoscopy Robotic Surgery Program

GARDNER, Mass. , Nov. 16, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense / aerospace industries, today announced the receipt of initial purchase orders towards a $1.4 million total program development project to develop a highly complex imaging sub-assembly for a next generation ophthalmoscope for one of the world's largest technology-focused medical device companies.

Precision Optics Receives Initial Purchase Order Against $1.4 Million Development Program

Conference Call Scheduled for today, November 14, 2023, at 5:00pm ET. GARDNER, Mass.

Precision Optics Reports First Quarter Fiscal Year 2024 Financial Results

GARDNER, Mass. , Nov. 9, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced the receipt of an $890,000 initial production order for a complex imaging sub-assembly that will be used in the customer's new robotic laparoscopy system.

Precision Optics Announces the Receipt of a New Production Order for Robotic Laparoscopy System

GARDNER, Mass. , Nov. 7, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (Nasdaq: POCI) (the "Company"), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that it has scheduled a conference call to discuss first quarter of fiscal year 2024 financial results on Tuesday, November 14, 2023, at 5:00pm ET.

Precision Optics Corporation Schedules First Quarter of Fiscal Year 2024 Conference Call for Tuesday, November 14, 2023

GARDNER, Mass. , Oct. 19, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, today announced $680,000 of initial production orders from a top tier defense/aerospace company addressing a new commercial application leveraging the Company's manufacturing IP developed for high precision micro-optics technology.

Precision Optics Announces Receipt of $680,000 Production Order from Top Tier Defense/Aerospace Customer for New Optical Application

GARDNER, Mass. , Oct. 9, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that Dr. Joe Forkey, Chief Executive Officer, will present and host one-on-one meetings with investors at the Lytham Partners Fall 2023 Investor Conference, taking place virtually on October 17, 2023.

Precision Optics to Participate in the Lytham Partners Fall 2023 Investor Conference

Precision Optics Corporation, Inc. (NASDAQ:POCI ) Q4 2023 Earnings Conference Call September 28, 2023 5:00 PM ET Company Participants Robert Blum - Lytham Partners, LLC Joseph Forkey - President and Chief Executive Officer Wayne Coll - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the Precision Optics Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call. All participants will be in a listen-only mode.

Precision Optics Corporation, Inc. (POCI) Q4 2023 Earnings Call Transcript

Conference Call Scheduled for today, September 28, 2023, at 5:00pm ET GARDNER, Mass. , Sept. 28, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, announced operating results on an unaudited basis for its fourth quarter and fiscal year ended June 30, 2023.

Precision Optics Reports Fourth Quarter and Fiscal Year 2023 Financial Results

GARDNER, Mass. , Sept. 25, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (Nasdaq: POCI) (the "Company"), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that it has scheduled a conference call to discuss fourth quarter and fiscal year 2023 financial results on Thursday, September 28, 2023, at 5:00pm ET.

Precision Optics Corporation Schedules Fourth Quarter and Fiscal Year 2023 Conference Call for Thursday, September 28, 2023

GARDNER, Mass. , June 15, 2023 /PRNewswire/ -- Precision Optics Corporation, Inc. (NASDAQ: POCI) (the "Company"), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced that it has entered into definitive agreements with institutional and accredited investors for the purchase and sale of 420,000 shares of the Company's common stock pursuant to a private placement, resulting in gross proceeds of approximately $2.52 million before deducting placement agent commissions and other estimated offering expenses.

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