Overview

* LightPath fiscal Q1 2026 revenue grows 79% yr/yr, beating analysts' expectations

* Company reports fiscal Q1 net loss of $2.9 mln, widening from prior year, as operating expenses rose

* Secured $18.2 mln and $22.1 mln IR camera orders for delivery in CY 2026-2027

Outlook

* LightPath ( LPTH ) expects sustainable revenue growth through fiscal 2026 and beyond

* Company anticipates increased demand due to geopolitical uncertainties and defense spending

* LightPath ( LPTH ) aims to scale deliveries against its $90 mln order backlog

Result Drivers

* PURCHASE ORDERS - $4.8 mln order for IR camera systems for public safety applications and $18.2 mln order from global tech customer drove revenue growth

* BLACKDIAMOND GLASS - Shift from Germanium optics to proprietary BlackDiamond™ glass expands adoption in defense markets

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $15.06 $12.66

Revenue mln mln (4

Analysts

)

Q1 EPS -$0.07

Q1 Net -$2.89

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the office equipment peer group is "buy"

* Wall Street's median 12-month price target for LightPath Technologies Inc ( LPTH ) is $8.50, about 8.5% above its November 10 closing price of $7.78

Press Release:

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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.)