CORRECTED-Precision Optics Q1 revenue rises

Reuters
2025/11/14
CORRECTED-<a href="https://laohu8.com/S/PEYE">Precision Optics</a> Q1 revenue rises

Corrects revenue figure in Key Details to $6.7 mln from $2.5 mln

Overview

  • Precision Optics fiscal Q1 2026 revenue grows 59% yr/yr to a record $6.7 mln

  • Company reports fiscal Q1 net loss of $1.6 mln, wider than last year

  • Gross margins decline to 14.2% from 26.6% due to lower engineering revenue

Outlook

  • Company projects FY 2026 revenue to exceed $25 mln, a 31% growth over FY 2025

  • Precision Optics expects FY 2026 Adjusted EBITDA to be approximately $0.5 mln

  • Company anticipates gross margin improvements in subsequent quarters

Result Drivers

  • PRODUCTION REVENUE - Record production revenue growth driven by demand from aerospace and surgical robotics customers

  • GROSS MARGIN DECLINE - Decline attributed to lower engineering revenue and underutilization of resources

  • NEW DEVELOPMENT AGREEMENTS - Secured agreements for AR system sub-assemblies and high-resolution borescope, expanding aerospace exposure

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

$6.7 mln

Press Release: ID:nGNX2T774r

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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