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

LightPath Technologies

14/09/2022 22:01

* LightPath Technologies Inc  LPTH.OQ  reported a quarterly
adjusted loss of 5 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 2 cents per share.
    * Revenue rose 6.9% to $8.91 million from a year ago;
analysts
expected $9.14 million. 
    * LightPath Technologies Inc's reported EPS for the quarter
was a
loss of 5 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 28.5% this
quarter and lost 35.2% so far this year.
    * The company reported a quarterly loss of $1.36 million.
    * Wall Street's median 12-month price target for LightPath
Technologies Inc is $3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
14 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.02          -0.05          Missed
 Mar. 31 2022      -0.03          -0.02          Beat
 Dec. 31 2021      -0.01          -0.04          Missed
 Sep. 30 2021      -0.02          -0.01          Beat