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

LightPath Technologies

05/11/2021 06:06

* LightPath Technologies Inc  LPTH.OQ  reported a quarterly
adjusted loss of 1 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for a loss of 2 cents per share.
* Revenue fell 4.3% to $9.10 million from a year ago;  analysts
expected $8.71 million. 
* LightPath Technologies Inc's reported EPS for the quarter was
a loss of 2 cents​.
* The mean earnings estimate of analysts had fallen by
about 700.6% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* LightPath Technologies Inc shares had fallen by 7.5% this
quarter and lost 49.7% so far this year.
* The company reported a quarterly loss of $632 thousand.
* 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 November 5 at 06:06 a.m.
 ​All figures in US dollars unless otherwise stated