LightPath Technologies, Inc. (LPTH) Reports Q2 Loss, Misses Revenue Estimates

Financial Performance - LightPath Technologies reported a quarterly loss of $0.07 per share, which was worse than the Zacks Consensus Estimate of a loss of$0.04, representing an earnings surprise of -75% [1] - The company posted revenues of $7.43 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 10.33$7.32 million a year ago [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] Stock Performance - LightPath Technologies shares have lost about 0.6% since the beginning of the year, while the S&P 500 has gained 2.9% [3] - The current Zacks Rank for LightPath Technologies is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -$0.05 on revenues of$8.06 million, and -$0.15 on revenues of$34.52 million for the current fiscal year [7] - The estimate revisions trend for LightPath Technologies is mixed, and changes in estimates for the coming quarters and current fiscal year are anticipated following the recent earnings report [6][7] Industry Context - LightPath Technologies operates within the Zacks Electronics - Miscellaneous Components industry, which is currently ranked in the bottom 48% of over 250 Zacks industries [8] - The performance of stocks in this industry can be significantly influenced by the overall industry outlook [8]