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Optex Systems Holdings, INC - $OPXS STOCK NEWS

Welcome to our dedicated page for Optex Systems Holdings news (Ticker: $OPXS), a resource for investors and traders seeking the latest updates and insights on Optex Systems Holdings 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 Optex Systems Holdings'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.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Optex Systems Holdings's position in the market.

News
Optex Systems Announces $1.5 Million Order for Optical Assemblies Supporting an Enhanced Night Vision Goggle Binocular Program
Rhea-AI Summary

Optex Systems Holdings, Inc. (NASDAQ:OPXS) has secured a $1.5 million contract from a U.S. Government Prime Contractor to support a Night Vision Goggle system, with deliveries scheduled throughout fiscal 2025. The company's Applied Optics Center, a primary supplier for laser interference filters and protective window assemblies, is set to benefit from this award, adding to their existing backlog of over $43.5 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
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none
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News
Optex Systems Announces Integrated Visual Augmentation System (IVAS) Filter Assembly Support
Rhea-AI Summary
Optex Systems Holdings, Inc. (OPXS) receives an initial purchase order for Laser Filter Assemblies supporting the U.S. Military IVAS Program. The company's GM, Bill Bates, expressed excitement about the development and commitment to customer satisfaction. The AOC team aims to deliver fully functional assemblies this quarter and collaborate on future upgrades.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.25%
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none
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News
Optex Systems Holdings, Inc. Announces Financial Highlights for the Three Months Ended December 31, 2023
Rhea-AI Summary
Optex Systems Holdings, Inc. (OPXS) reports strong financial results for the three months ended December 31, 2023, with significant revenue and gross profit increases. The company's operating income improved, and it maintained a healthy working capital. Despite a decrease in new orders, the backlog increased, indicating future growth potential. The acquisition of intellectual property and agreements with RUB Aluminium s.r.o. further enhance the company's capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
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none
News
Optex Systems Announces a $2.8 Million Award for Laser Protected Periscopes and Vision Blocks
Rhea-AI Summary
Optex Systems Holdings, Inc. (Nasdaq:OPXS) has been awarded a new five year Indefinite Delivery Indefinite Quantity (IDIQ) contract from the United States Defense Logistics Agency Land and Maritime for Sighting Systems, with a maximum value of $2.8 Million. The Laser Protected Periscopes and Vision Blocks are critical in mission capability for armored vehicles fielded by the U.S. Military. CEO Danny Schoening stated that Optex continues to be the supplier of choice in supporting the overall supply chain for domestic armored vehicle manufacturing, with the current Optex backlog in excess of $45 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
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none
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News
Optex Systems Announces Acquisition of Speedtracker
Rhea-AI Summary
Optex Systems Holdings, Inc. (Nasdaq:OPXS) has acquired Speedtracker from RUB Aluminum and established a Contract Manufacturing Agreement for the continued production of the Speedtracker Mach 4+ product line. The cutting-edge chronograph designed to measure projectile velocity aligns with market demands and has the potential for global growth. The company used cash on hand for the acquisition and plans to enhance the distribution and growth of the Speedtracker line.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
acquisition
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News
Optex Systems Holdings, Inc. Announces Financial Highlights for the Twelve Months Ended October 1, 2023
Rhea-AI Summary
Optex Systems Holdings, Inc. (Nasdaq:OPXS) announced financial results for the twelve months ended October 1, 2023, showing a 14.6% increase in total revenues, a 17.8% increase in gross profit, and a 69.2% increase in operating income. The company saw an increase in orders, backlog, and net income, with a 23.6% increase in new orders and a 27.1% increase in backlog. Optex also reported a $3.3 million increase in revenue, a $1.7 million increase in operating income, and a $1.0 million increase in net income compared to the prior year period. The company had working capital of $13.5 million and a credit facility of $3.0 million, with a $1.2 million cash balance and an outstanding payable balance of $1.0 million. The company's Adjusted EBITDA increased by 59.7% to $3.4 million, and Optex anticipates an overall increase in fiscal year 2024 revenue and operating cash flow compared to 2023 levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.61%
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none
News
Optex Systems Announces a $2.9 Million Order for Sighting Systems
Rhea-AI Summary
Optex Systems Holdings, Inc. (NASDAQ:OPXS) has been awarded a new $2.9 million contract from a U.S. Government Prime Contractor for Sighting Systems, crucial for protecting armored vehicles fielded by the U.S. Military. CEO Danny Schoening highlighted the company's continued support for the domestic armored vehicle manufacturing supply chain. This order contributes to Optex's backlog, which now exceeds $45.6 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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none
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News
Optex Systems Announces $1.3 Million Order for Laser Filter Units
Rhea-AI Summary
Optex Systems Holdings, Inc. (NASDAQ:OPXS) Awarded $1.3M Contract for Visible Sighting System from U.S. Government Prime Contractor, Boosting Backlog to $42.5M
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
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none
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News
Optex Systems Announces $1.1 Million Order for Laser Filter Units
Rhea-AI Summary
Optex Systems Holdings, Inc. Awarded $1.1M Contract from U.S. Government Prime Contractor
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.09%
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none
News
Optex Systems Announces a $2.12 Million Order for M22 Binoculars
Rhea-AI Summary
Optex Systems Holdings, Inc. awarded $2.12M contract from U.S. Government for M22 Binoculars.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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Stock OPXS logo
Optex Systems Holdings, INC

Nasdaq:OPXS

OPXS Rankings

#4745 Ranked by Market Cap
#279 Ranked by Stock Gains
N/A Ranked by Dividends

OPXS Stock Data

49.40M
3.28M
26.59%
31.66%
0.07%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
RICHARDSON

About OPXS

optex systems, inc. was founded in 1987. it is a richardson, texas company that manufactures optical sighting systems and assemblies primarily for department of defense (dod) applications. our products are installed on a variety of u.s. military land vehicles, such as the abrams and bradley fighting vehicles, light armored and armored security vehicles and have been selected for installation on the stryker family of vehicles. optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. optex delivers its products both directly to the military services and to prime contractors.