Precision Optics Q2 revenue surges

Reuters
10 hours ago
<a href="https://laohu8.com/S/PEYE">Precision Optics</a> <a href="https://laohu8.com/S/QTWO">Q2</a> revenue surges

Overview

  • Optical instruments maker's fiscal Q2 revenue rose 63% yr/yr to a record $7.4 mln

  • Company reported gross margins of 2.8%, down from 23.6% yr/yr

  • Net loss widened to $1.8 mln from $1.0 mln yr/yr

Outlook

  • Company projects FY 2026 revenue between $26 mln and $28 mln

  • Precision Optics expects FY 2026 Adjusted EBITDA of $(2.5) to $(3.0) mln

  • Company anticipates margin improvement in the second half of fiscal year

Result Drivers

  • PRODUCTION GROWTH - Record revenue driven by 105% year-over-year growth in production, particularly in aerospace and single-use cystoscope programs

  • MARGIN DECLINE - Gross margins fell to 2.8% due to inefficiencies in ramping production and infrastructure investments

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Income

-$1.80 mln

Q2 Adjusted EBITDA

-$1.50 mln

Q2 Gross Margin

2.80%

Press Release: ID:nGNX9XphBg

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(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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