Welcome to our dedicated page for LightPath Technologies news (Ticker: $LPTH), a resource for investors and traders seeking the latest updates and insights on LightPath Technologies stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LightPath Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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LightPath Technologies, Inc. (NASDAQ:LPTH) appoints Jason Messerschmidt as Vice President, Sales, bringing over 20 years of sales experience in imaging systems. Jason's background aligns with LightPath's focus on application-specific imaging solutions.
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End-of-Day
2.03%
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Rhea-AI Summary
LightPath Technologies, Inc. (LPTH) is participating in the iAccess Alpha Buyside Best Ideas Spring Conference 2024. CEO Sam Rubin and CFO Al Miranda will present on March 12, with one-on-one meetings on March 13. The conference aims to connect companies with investors.
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Rhea-AI Sentiment
End-of-Day
-1.33%
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LightPath Technologies, Inc. (NASDAQ:LPTH) introduces a new long-range camera utilizing its innovative Mantis™ Camera architecture, offering multispectral imaging capabilities across MWIR and LWIR wave bands. The camera, powered by LightPath's BlackDiamond™ infrared materials, provides high magnification and color correction for enhanced thermal signal collection, resulting in brighter images with a higher signal-to-noise ratio and longer detection distances.
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Rhea-AI Sentiment
End-of-Day
7.38%
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LightPath Technologies, Inc. announced financial results for its fiscal 2024 second quarter, highlighting a $7.3 million revenue, $21.2 million total backlog, $1.7 million net loss, and $0.5 million EBITDA loss. The company secured a $4.7 million order from Lockheed Martin, completed a $5 million facility expansion, and continued the integration of Visimid Technologies. However, the company experienced a decrease in revenue, gross margin, and backlog, resulting in a net loss increase compared to the prior fiscal year.
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Rhea-AI Sentiment
End-of-Day
4.52%
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announced the election of Kim Crider to the Company's Board of Directors. Ms. Crider brings extensive experience in aerospace, cybersecurity, data/AI, and information technology, making her a valuable addition to the board. Her background in government and executive leadership roles will aid in delivering cutting-edge imaging solutions. With a strong military and technology background, Ms. Crider aims to help LightPath navigate government bureaucracy to ensure revolutionary capabilities reach the right places.
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Rhea-AI Sentiment
End-of-Day
4.67%
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announced it will report its fiscal 2024 second quarter financial results on February 8, 2024 after the market close. The conference call and webcast will be held on the same day, with a replay available through February 22, 2024. Participants are recommended to dial-in or log-on approximately 10 minutes prior to the start of the event.
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Rhea-AI Sentiment
End-of-Day
-4.38%
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LightPath Technologies, Inc. (NASDAQ:LPTH) to participate in investor conferences in January and February. CEO Sam Rubin and CFO Al Miranda will be available for one-on-one meetings at Sidoti Microcap Conference, Needham Growth Conference, and Alliance Global Partners Virtual Technology Conference.
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LightPath Technologies, Inc. (NASDAQ:LPTH) has received a phase I order from Lockheed Martin Missiles & Fire Control for an advanced infrared camera system for a key Army program, valued at $4.7 million. The initial order is for development and initial prototypes, with potential for a phase two order valued at $3 million. Production is expected to commence in 2026, with an initial production of 10,000 systems. LightPath's President and CEO, Sam Rubin, sees this as a major milestone in the company's strategy, aiming to become an imaging solutions provider. The business is currently driven by three pillars of growth: camera solutions, defense, and new applications such as automotive, with potential opportunities in the order of tens of millions of dollars per year.
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Rhea-AI Sentiment
End-of-Day
4.55%
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) has rescheduled its virtual Annual Meeting of Stockholders for January 31, 2024, to address procedural issues and file a new proxy statement. The company has filed a petition seeking validation of certain prior corporate acts in the Delaware Court of Chancery.
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Rhea-AI Sentiment
End-of-Day
-1.69%
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Rhea-AI Summary
LightPath Technologies, Inc. (NASDAQ:LPTH) announced the postponement of its Annual Meeting of Stockholders originally scheduled for November 16, 2023. The new date is expected to be in January 2024 to address procedural issues and prepare a new proxy statement.
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LightPath Technologies, Inc.
Nasdaq:LPTH
LPTH Rankings
LPTH Stock Data
53.55M
26.60M
1.8%
48.8%
0.25%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
ORLANDO
About LPTH
lightpath technologies is a recognized leader in optics and photonics solutions, serving blue chip customers in the industrial, defense, telecommunications, testing and measurement, and medical industries, for over 25 years. lightpath designs, manufactures, and distributes optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index gradium® lenses. lightpath also offers custom optical assemblies, including full engineering design support for both optics and mechanics. this allows for the highest level of optical integration, lower cost, and ensures the highest level of quality, performance and manufacturability. lightpath is an iso 9001:2008 certified supplier and a 2012 recipient of the william c. schwartz industry innovation award. lightpath was chosen for the award based on its pioneering work in developing infrared optics manufacturing technologies. from concep