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Lightpath Technologies Inc  (LPTH)
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EARNINGS REPORT by CSIMarket

Income Positive Again, Revenue up in Double Digits

Lightpath Technologies Inc announced third quarter 2020 operating profit of $1.062812 millions

Inside_a_computer_By_nrkbeta_(originally_posted_to_Flickr_as_Maskinvare)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonLightpath Technologies Inc announced earnings per share of $0.03 and Sales of $10 millions in the third quarter 2020, Company's earnings turn positive per share, versus $-0.01 eps, earned in the same quarter a year ago, although Lightpath Technologies Inc saw it's Sales rise by 10.16 % in the same period.

From second quarter 2019, eps remained unchanged from $0.03 per share and Sales deteriorated by -9.28 % from $10 millions.

Company achieved net income of $0.816 millions in the third quarter 2020 an improvement versus a net loss of $-0.352 millions in the same quarter a year ago. Lightpath Technologies Inc also emphasized it's improving profit margins, where net margin rose to 9.37% in third quarter 2020, and operating margin edged up to 12.2%.


Lightpath Technologies Inc is expected to report next financial results on August 17, 2020.


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Lightpath Technologies Inc announced earnings per share of $0.03 and Sales of $10 millions in the third quarter 2020, Company's earnings turn positive per share, versus $-0.01 eps, earned in the same quarter a year ago, although Lightpath Technologies Inc saw it's Sales rise by 10.16 % in the same period.

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Other LPTH's Earnings Reports

Lightpath Technologies Inc reported second quarter 2019 earnings

Lightpath Technologies Inc reported first quarter 2019 earnings

Lightpath Technologies Inc reported fourth quarter 2019 earnings

             
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