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

LightPath Technologies

06/05/2021 23:27

* LightPath Technologies Inc  LPTH.OQ  reported a quarterly
adjusted loss of 1 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 2 cents per share.
* Revenue rose 22.9% to $10.70 million from a year ago​; 
analysts expected $9.81 million.
* LightPath Technologies Inc's reported EPS for the quarter was
a loss of 1 cent​.
* The mean earnings estimate of analysts had risen by
about 66.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* LightPath Technologies Inc shares had fallen by 17.7% this
quarter and lost 34.9% so far this year.
* The company reported a quarterly loss of $222.56 thousand.
* Wall Street's median 12-month price target for LightPath
Technologies Inc is $5.50 
* 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 May 6 at 10:27 p.m. GMT. ​All
figures in US Dollars.​