Precision Optics Q4 revenue jumps 42% on higher aerospace customer production

Precision Optics

28/09/2026 21:39

Overview
US optical instruments maker's Q4 revenue rose 42% yr/yr to a quarterly record
Gross margin improved to 25.3% from 13.0% a year earlier
Company expects FY 2027 revenue to be flat to slightly higher amid temporary satellite customer pause

Outlook
Precision Optics expects FY 2027 revenue between $30 mln and $33 mln
Company forecasts FY 2027 Adjusted EBITDA of $(1.2) mln to $(1.7) mln
Company anticipates stronger second half as satellite customer orders are expected to resume

Result Drivers
AEROSPACE CUSTOMER - Record quarterly revenue attributed to increased production for top-tier aerospace customer
MEDICAL DEVICE PRODUCTION - Continued strong production of single-use cystoscopy surgery system contributed to quarterly results
OPHTHALMIC PROGRAM RAMP - Ramping production under $3.5 mln follow-on order for single-use ophthalmic program supported revenue growth

Company press release: ID:nGNX5YLbKk

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$8.80 mln
$7.15 mln (1 Analyst)
Q4 Loss Per Share
 
$0.01
 
Q4 Gross Margin
 
25.3%
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Precision Optics Corporation Inc is $8.00, about 72.8% above its September 25 closing price of $4.63

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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.)