LightPath Technologies Inc reports results for the quarter ended in December - Earnings Summary

LightPath Technologies

10/02/2022 22:21

* LightPath Technologies Inc  LPTH.OQ  reported a quarterly
adjusted loss of 4 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of one cent per share.
    * Revenue fell 6.8% to $9.24 million from a year ago; 
analysts
expected $9.40 million. 
    * LightPath Technologies Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * LightPath Technologies Inc shares had risen by 16.0% this
quarter.
    * Wall Street's median 12-month price target for LightPath
Technologies Inc is $3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 10 at 10:21 p.m.
 ​All figures in US dollars unless otherwise stated