LightPath Q4 Revenue Jumps 73% to $21.2M, Beats Estimates on Defense Demand
LPTH sits 86% above its 52-week low of $5.17.
Summary
LightPath Technologies reported fiscal Q4 revenue of $21.2 million, up 73% year-over-year and ahead of the $20.61 million consensus. Net loss narrowed to $4.1 million from $7.1 million a year earlier. The company cited a record $110.9 million backlog, with $85.6 million scheduled for delivery within 12 months, driven by defense customers shifting away from China-controlled Germanium. Acquisitions, including Amorphous Materials Inc. (AML) in January 2026, contributed to infrared component growth. Management expects continued strong demand and plans to expand glass melting and assembly capacity in the U.S. and Latvia. This follows a series of positive news items in July, including $11 million and $13 million follow-on orders and the divestiture of its China subsidiary.
At the time of this announcement, LPTH was trading at $9.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $642.4M. The 52-week trading range was $5.17 to $18.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.