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LightPath Technologies Inc. (NASDAQ:LPTH) shares climbed after the company released its first-quarter earnings report after Tuesday's closing bell, beating analyst estimates.
Here's a look at the details in the report.
The Details: LightPath Technologies reported quarterly losses of 7 cents per share, beating the analyst estimate of a 9-cent loss.
Quarterly revenue came in at $15.05 million, which beat the consensus estimate of $12.66 million.
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“The first fiscal quarter of 2026 was highlighted by ongoing order momentum, validating our growth strategy as shown in our $90+ million order backlog as of today, which has further grown from $86 million as of the end of the first fiscal quarter,” said Sam Rubin, CEO of LightPath.
LPTH Stock Price: According to data from Benzinga Pro, LightPath stock was up 8.47% at $8.72 in Tuesday's extended trading.
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Posted In: LPTH
