Precision Optics Q3 revenue more than doubles, reaching record high

Precision Optics

13/05/2026 21:44

Overview

US optical instruments maker's fiscal Q3 revenue more than doubled yr/yr to a quarterly record

Adjusted EBITDA turned positive, while net loss narrowed sharply from a year ago

Company raised full-year revenue and adjusted EBITDA guidance, citing strong production volumes

Outlook

Precision Optics raises FY 2026 revenue guidance to $29-$31 mln from $26-$28 mln

Company lifts FY 2026 adjusted EBITDA guidance to $(2.5)-$(2.7) mln from $(2.5)-$(3.0) mln

Company expects production revenue to remain strong, citing favorable industry trends

Result Drivers

AEROSPACE AND MEDICAL DEVICE VOLUMES - Record production volumes for a top-tier aerospace customer and cystoscopy surgery system drove revenue growth, per CEO Joe Forkey

MANUFACTURING EFFICIENCY - Significant improvements in manufacturing efficiency led to higher gross margins, according to CEO Joe Forkey

ROSS OPTICAL SEGMENT - Continued strong volume growth in Ross Optical segment contributed to overall revenue increase

Company press release: ID:nGNX1cmDQx

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$8.70 mln
Q3 EPS
-$0.01
Q3 Net Income
-$108,000
Q3 Adjusted EBITDA
$265,000
Q3 Gross Margin
23.60%


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)