LightPath Technologies, Inc. (LPTH)

NASDAQ: LPTH · Real-Time Price · USD
1.480
-0.020 (-1.33%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-1.33%
Market Cap 57.43M
Revenue (ttm) 31.73M
Net Income (ttm) -8.01M
Shares Out 38.81M
EPS (ttm) -0.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 29,598
Open 1.500
Previous Close 1.500
Day's Range 1.460 - 1.500
52-Week Range 1.040 - 1.770
Beta 1.31
Analysts Strong Buy
Price Target 3.00 (+102.7%)
Earnings Date Nov 7, 2024

About LPTH

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax ... [Read more]

Sector Technology
IPO Date Feb 22, 1996
Employees 320
Stock Exchange NASDAQ
Ticker Symbol LPTH
Full Company Profile

Financial Performance

In 2024, LightPath Technologies's revenue was $31.73 million, a decrease of -3.67% compared to the previous year's $32.93 million. Losses were -$8.01 million, 97.9% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LPTH stock is "Strong Buy." The 12-month stock price forecast is $3.0, which is an increase of 102.70% from the latest price.

Price Target
$3.0
(102.70% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LightPath Technologies Awarded Phase 2 Funding in U.S. Defense Department Partnership to Qualify Additional Germanium Substitutes

Strategic Defense Partnership Follows Successful Phase 1 Qualification of Additional LightPath Proprietary BlackDiamond™ Material Variants ORLANDO, Fla. , Oct. 3, 2024 /PRNewswire/ -- LightPath Techno...

4 days ago - PRNewsWire

LightPath Technologies Taps Experienced Operations Professional Steven Garcia as Orlando General Manager

ORLANDO, Fla. , Oct. 1, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging core...

6 days ago - PRNewsWire

LightPath Technologies Secures Order for Thermal Imaging Assemblies for New Program with Tier-1 Defense Customer

Low Rate Initial Production Order Follows Qualification for Assemblies Made with BlackDiamond™ Glass Optics ORLANDO, Fla. , Sept. 26, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) (...

11 days ago - PRNewsWire

LightPath Technologies Secures $3.5 Million Follow-On Order to Supply Infrared Optics for F-35 Combat Aircraft Program

Proprietary Germanium-Free Advanced Infrared Optics to Supply Critical F-35 Combat Aircraft Program ORLANDO, Fla. , Sept. 24, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPa...

13 days ago - PRNewsWire

LightPath Technologies, Inc. (LPTH) Q4 2024 Earnings Call Transcript

LightPath Technologies, Inc. (NASDAQ:LPTH) Q4 2024 Earnings Conference Call September 19, 2024 5:00 PM ET Company Participants Albert Miranda - CFO Sam Rubin - President & CEO Conference Call Partici...

17 days ago - Seeking Alpha

LightPath Technologies Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results

ORLANDO, Fla. , Sept. 19, 2024 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging co...

18 days ago - PRNewsWire

LightPath Launches Next Gen Mantis(TM) Camera into $500 Million Global Furnace Monitoring Market

New Line of High ASP Mantis Cameras to Provide an Important Tool for Greenhouse Gas Emissions Minimization in Power Plants ORLANDO, FL / ACCESSWIRE / September 12, 2024 / LightPath Technologies, Inc. ...

25 days ago - Accesswire

LightPath Technologies Schedules Fiscal 2024 Fourth Quarter and Full Year Financial Results Conference Call for September 19, 2024

ORLANDO, FL / ACCESSWIRE / September 10, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging co...

27 days ago - Accesswire

LightPath Technologies Achieves Key Qualification Milestone With Lockheed Martin for US Army Missile Program

Company to Begin Delivering Advanced Thermal Camera Systems for Initial Test Units; Represents Initial Revenues of $50 to $100 Million for LightPath if Selected into Program ORLANDO, FL / ACCESSWIRE /...

2 months ago - Accesswire

LightPath Technologies Announces Successful Transition of Key Customer from Germanium to BlackDiamond(TM) Glass Optics

ORLANDO, FL / ACCESSWIRE / July 23, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of propr...

2 months ago - Accesswire

LightPath Introduces AI-Ready Infrared Cameras

Collaboration with Maris-Tech adds critical firmware and hardware to support customer's A.I. algorithms ORLANDO, FL / ACCESSWIRE / June 12, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPat...

Other symbols: MTEK
4 months ago - Accesswire

LightPath Completes Qualification of Its Mantis(TM) Camera in $500 Million Global Furnace Monitoring Market

LightPath's Mantis Camera to Provide Accurate and Reliable Monitoring of Boilers and Furnaces in Power Plants ORLANDO, FL / ACCESSWIRE / May 15, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("Lig...

5 months ago - Accesswire

LightPath Technologies, Inc. (LPTH) Q3 2024 Earnings Call Transcript

LightPath Technologies, Inc. (NASDAQ:LPTH) Q3 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Albert Miranda - Chief Financial Officer Sam Rubin - President and Chief Execut...

5 months ago - Seeking Alpha

LightPath Technologies Reports Fiscal 2024 Third Quarter Financial Results

ORLANDO, FL / ACCESSWIRE / May 9, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, cu...

5 months ago - Accesswire

LightPath Technologies Partners with Universities to Revolutionize Infrared Glass Recycling

ORLANDO, FL / ACCESSWIRE / May 6, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of proprie...

5 months ago - Accesswire

LightPath Technologies Schedules Fiscal 2024 Third Quarter Financial Results Conference Call for May 9, 2024

ORLANDO, FL / ACCESSWIRE / May 1, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, cu...

5 months ago - Accesswire

LightPath Technologies Introduces New 15mK Uncooled High-Sensitivity Thermal Camera

ORLANDO, FL / ACCESSWIRE / April 22, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and integrator of prop...

6 months ago - Accesswire

LightPath Technologies to Attend SPIE Defense + Commercial Sensing 2024 on April 21-25, 2024

Company Continues Rapid Expansion Into Defense Business With Over $100 Million in Potential Revenue Already Secured With Top Partners Including DoD and Lockheed Martin ORLANDO, FL / ACCESSWIRE / April...

6 months ago - Accesswire

LightPath Technologies Granted European Defense Manufacturing License; Significantly Expands Addressable Market

License Allows LightPath to Provide Products Directly Into the Rapidly-Growing $295 Billion European Defense Industry ORLANDO, FL / ACCESSWIRE / April 17, 2024 / LightPath Technologies, Inc. (NASDAQ:L...

6 months ago - Accesswire

LightPath Technologies Announces First Incorporation of BDNL within a US DoD Program

New Airborne System Designed to Use LightPath's New Materials ORLANDO, FL / ACCESSWIRE / April 9, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading ver...

6 months ago - Accesswire

LightPath Technologies Announces Commercial Availability of First BlackDiamond-NRL Based New Infrared Glass, BDNL-4

New Material is Critical to Industry Efforts to Replace Germanium in Infrared Optics ORLANDO, FL / ACCESSWIRE / April 4, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," ...

6 months ago - Accesswire

LightPath Technologies Announces Expansion of Optical Coating Capabilities with the Addition of High Durability Coating in Europe

ORLANDO, FL / ACCESSWIRE / April 1, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading global, vertically integrated provider of thermal imaging cores, ...

6 months ago - Accesswire

LightPath Technologies Appoints Thermal Imaging Veteran Jason Messerschmidt as Vice President of Sales

ORLANDO, FL / ACCESSWIRE / March 6, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary...

7 months ago - Accesswire

LightPath Technologies to Participate in the iAccess Alpha Buyside Best Ideas Spring Conference 2024 on March 12 and 13, 2024

ORLANDO, FL / ACCESSWIRE / March 5, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared technologi...

7 months ago - Accesswire

LightPath Announces Availability of a New Version of Its Mantis Camera for Long Range Detection

ORLANDO, FL / ACCESSWIRE / February 15, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprie...

8 months ago - Accesswire