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

LightPath Technologies

09/09/2021 21:52

* LightPath Technologies Inc  LPTH.OQ  reported a quarterly
adjusted loss of 11 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 2 cents per share.
* Revenue fell 8.5% to $8.33 million from a year ago;  analysts
expected $8.22 million. 
* LightPath Technologies Inc's reported EPS for the quarter was
a loss of 11 cents​.
* In the last 30 days one analyst negatively revised an earnings
estimate 
* LightPath Technologies Inc shares had fallen by 13.8% this
quarter and lost 44.1% so far this year.
* The company reported a quarterly loss of $2.91 million.
* 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 September 9 at 08:52 p.m.
 ​All figures in US dollars unless otherwise stated