financetom
Business
financetom
/
Business
/
Precision Optics Fiscal Q4 Loss Widens, Revenue Declines; Shares Fall After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Precision Optics Fiscal Q4 Loss Widens, Revenue Declines; Shares Fall After Hours
Oct 2, 2024 9:51 PM

05:29 PM EDT, 09/30/2024 (MT Newswires) -- Precision Optics ( POCI ) reported a fiscal Q4 loss late Monday of $0.23 per diluted share, wider than a loss of $0.02 a year earlier.

Revenue for the quarter ended June 30 was $4.7 million, compared with $5 million a year earlier.

Analyst estimates were not immediately available for comparison.

Precision Optics ( POCI ) Chief Executive Joseph Forkey said the company expects fiscal Q1 revenue between $4.2 million and $4.4 million and double-digit revenue growth for fiscal 2025.

Shares of the company were down nearly 2% in after-hours activity.

Price: 5.49, Change: -0.09, Percent Change: -1.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
In plea to EU, Stellantis chairman warns European car industry risks 'irreversible decline'
In plea to EU, Stellantis chairman warns European car industry risks 'irreversible decline'
Nov 25, 2025
TURIN (Reuters) -Stellantis ( STLA ) Chairman John Elkann on Tuesday warned the European auto industry risks an irreversible decline if the European Union does not soften its stance on cuts in carbon emissions to grant automakers more flexibility. The European Commission is due to present a package of proposals for its scheduled review of EU carbon emissions regulation for...
Dick's Sporting warns Foot Locker reset could cost up to $750 million; shares drop
Dick's Sporting warns Foot Locker reset could cost up to $750 million; shares drop
Nov 25, 2025
(Reuters) -Dick's Sporting Goods on Tuesday missed estimates for third-quarter profit and warned of up to $750 million in charges tied to a sweeping review of its recently acquired Foot Locker business that includes store closures and inventory cleanup. Shares of the company fell nearly 6% in premarket trading. The footwear retailer also forecast a sharp drop in quarterly gross...
Form 8.3
Form 8.3
Nov 25, 2025
LONDON--(BUSINESS WIRE)--   Ap27 FORM 8.3 IRISH TAKEOVER PANEL OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION (a) Full name of discloser BALYASNY ASSET MANAGEMENT L.P. (b) Owner or controller of interests and short positions disclosed, if...
SoundHound AI, Parkopedia Launch Voice AI-Powered Parking Agent
SoundHound AI, Parkopedia Launch Voice AI-Powered Parking Agent
Nov 25, 2025
09:54 AM EST, 11/25/2025 (MT Newswires) -- SoundHound AI ( SOUN ) said Tuesday that it has expanded its partnership with connected car services provider Parkopedia to create an in-vehicle voice AI parking agent. The company said the collaboration will integrate Parkopedia's global parking database with SoundHound's in-car voice commerce platform. Drivers will be able to find parking, compare prices...
Copyright 2023-2026 - www.financetom.com All Rights Reserved