LightPath Technologies, Inc. (NASDAQ:LPTH) is reporting first quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.02 per share.
For the full year, analysts predict revenues of $ 37.50 million, while looking forward to income of $ 0.08 per share.
Previous Quarter Performance
LightPath Technologies, Inc. disclosed income for the fourth quarter of $ 0.02 per share, from the revenue of $ 9.11 million. The quarterly revenues developed 4.23 percent compared with the same quarter last year. The consensus estimates are $ 9.00 million in revenue The top line results outshined analysts by $ 0.11 million or 1.22 percent.
Stock Performance
Shares of LightPath Technologies, Inc. traded low $ -0.10 or -4.00 percent on Wednesday, reaching $ 2.40 with volume of 136.70 thousand shares. LightPath Technologies, Inc. has traded high as $ 2.48 and has cracked $ 2.38 on the downward trend
The closing price of $ 2.40, representing a 362.96 % increase from the 52 week low of $ 0.54 and a 48.67 % decrease over the 52 week high of $ 4.87.
The company has a market capital of $ 62.43 million and is part of the Technology sector and Electronic Components industry.
Conference Call
LightPath Technologies, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lightpath.com
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical materials used to produce products that manipulate light.
