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Precision Optics Fiscal Q4 Loss Widens, Revenue Declines; Shares Fall After Hours
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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

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