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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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POCI","symbol_name":"PRECISION OPTICS INC(MASS)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251113:nL1N3WP1AZ:1","article_id":"2583517652","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583517652","pubTimestamp":1763070127,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CORRECTED-Precision Optics Q1 revenue risesCorrects revenue figure in Key Details to $6.7 mln from $2.5 mlnOverviewPrecision Optics fiscal Q1 2026 revenue grows 59% yr/yr to a record $6.7 mlnCompany r","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"POCI":"PRECISION OPTICS INC(MASS)","BK4082":"医疗保健设备"},"translate_title":"Precision Optics第一季度收入增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POCI":0.9},"content_text":"CORRECTED-Precision Optics Q1 revenue risesCorrects revenue figure in Key Details to $6.7 mln from $2.5 mlnOverviewPrecision Optics fiscal Q1 2026 revenue grows 59% yr/yr to a record $6.7 mlnCompany reports fiscal Q1 net loss of $1.6 mln, wider than last yearGross margins decline to 14.2% from 26.6% due to lower engineering revenueOutlookCompany projects FY 2026 revenue to exceed $25 mln, a 31% growth over FY 2025Precision Optics expects FY 2026 Adjusted EBITDA to be approximately $0.5 mlnCompany anticipates gross margin improvements in subsequent quartersResult DriversPRODUCTION REVENUE - Record production revenue growth driven by demand from aerospace and surgical robotics customersGROSS MARGIN DECLINE - Decline attributed to lower engineering revenue and underutilization of resourcesNEW DEVELOPMENT AGREEMENTS - Secured agreements for AR system sub-assemblies and high-resolution borescope, expanding aerospace exposureKey DetailsMetricBeat/MissActualConsensus EstimateQ1 Revenue$6.7 mlnPress Release: ID:nGNX2T774rFor 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}