Welcome to our dedicated page for Precision Optics news (Ticker: POCI), a resource for investors and traders seeking the latest updates and insights on Precision Optics stock.
Precision Optics Corporation, Inc. (NASDAQ: POCI) is a vertically integrated optics company focused on advanced optical instruments for healthcare and defense/aerospace markets. This news page aggregates company announcements, press releases and other updates related to POCI’s operations, projects and financial performance.
Readers can follow news about Precision Optics’ work in micro-optics, 3D imaging and digital imaging technologies, including developments in minimally invasive surgery imaging, 3D endoscopy and optical systems that support surgical robotic platforms. Updates often highlight new engineering and production programs, such as complex endocouplers, specialized endoscopes and single-use endoscope assemblies for leading medical device companies.
In defense and aerospace, company news covers product development orders and collaborations involving compact, high-performance optical systems. Recent releases describe sub-assemblies for advanced augmented reality systems for fighter pilot training and high-end, small-diameter borescopes for jet engine inspection in extreme environmental conditions. These items illustrate how Precision Optics applies its micro-optics and imaging capabilities to demanding military and aerospace applications.
Investors and analysts can also review announcements of quarterly and annual financial results, including details on engineering versus production revenue, gross margins, net income (loss) and the company’s use of non-GAAP measures such as Adjusted EBITDA. Conference call schedules, investor conference participation and facility expansion plans, including moves to support a growing production backlog and broader engineering talent pool, are also covered.
For anyone tracking POCI stock or the company’s role in medical and defense/aerospace optics, this page provides a centralized view of official news, helping users understand how new contracts, development agreements and operational updates relate to the company’s long-term strategy.
Precision Optics Corporation (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, has scheduled a conference call to discuss its third quarter fiscal year 2025 financial results on Thursday, May 15, 2025, at 5:00 p.m. ET.
The company will release its financial results and file its 10-Q after market close on the same day. Interested parties can join the call by dialing (844) 735-3662 or (412) 317-5705, or access the live webcast at the provided link. A replay will be available for seven days.
Precision Optics (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, has announced its participation in the Planet MicroCap Showcase: VEGAS 2025.
The presentation is scheduled for Wednesday, April 23, 2025, at 4:00 p.m. Pacific Time (7:00 p.m. Eastern Time) at Track 3 – Chablis in the Paris Hotel & Casino, Las Vegas. Dr. Joe Forkey, CEO, will lead the presentation and conduct a Q&A session.
The company will also hold one-on-one meetings with interested parties on April 24, 2025. Investors can access the live presentation through the provided webcast link and schedule 1x1 meetings through Planet MicroCap representatives or the company's investor relations team.
Precision Optics (NASDAQ: POCI) has signed a Main Purchase Agreement with a leading aerospace company, solidifying their commercial partnership that began in September 2023. The agreement showcases significant growth with:
- $3.1 million in new orders received during the current calendar year
- Total program backlog of $6.6 million to be delivered over the next 12 months
- Nearly $4 million per year in minimum purchase commitments through calendar 2026
To meet increased demand, POCI has doubled its clean room production line capacity. The partnership leverages Precision Optics' proprietary manufacturing technology for commercial aerospace applications.
Precision Optics (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, has announced its participation in the Lytham Partners 2025 Industrials & Basic Materials Investor Summit.
The company will engage in a webcasted fireside chat scheduled for April 1, 2025, at 3:30 p.m. ET. The virtual event will be accessible through the conference homepage and a dedicated company link, with replay options available afterward.
Interested investors can request one-on-one meetings following the event by contacting Lytham Partners representatives directly.
Precision Optics (NASDAQ: POCI), a designer and manufacturer of advanced optical instruments for medical and defense/aerospace industries, has appointed Joseph P. 'JJ' Pellegrino, Jr. to its Board of Directors. Pellegrino will serve as Chairman of the Board's Audit Committee.
Pellegrino brings significant experience from his recent role as CFO of LeMaitre Vascular (2007-2025), where he continues as a board member. His career includes positions as Executive VP of Finance at LeMaitre, SVP of Operations at Zoots, and investment banking analyst at Lehman Brothers. He holds degrees from Harvard College and Harvard Business School.
The appointment coincides with Peter Anania's retirement from the Board, who joined in October 2021 following Precision Optics' acquisition of Lighthouse Imaging, where he served as President and Chairman.
Precision Optics (NASDAQ: POCI), a designer and manufacturer of advanced optical instruments for medical and defense/aerospace industries, has announced key changes to its Board of Directors. Buell Duncan, former Chief Marketing Officer of IBM Software, Cloud, Data and AI businesses, has been appointed to the board, bringing extensive executive leadership experience from his 28-year tenure at IBM (1992-2020).
Duncan currently serves as a Portfolio Advisor and Partner with Iron Gate Capital, a venture capital firm focused on early-growth B2B technology companies. He is also a Board observer of SHARE Mobility and Respondology, and a Strategic Advisor to several technology companies.
Concurrent with Duncan's appointment, Dr. Richard Miles, who joined the board in November 2005, has announced his retirement after nearly 20 years of service.
Precision Optics (NASDAQ: POCI) has successfully closed a registered direct offering of common stock, raising $5.1 million in gross proceeds through the sale of 1,272,500 shares at $4.00 per share. The company expects net proceeds of approximately $5.0 million after deducting offering expenses.
The funds will be allocated to three main purposes: repaying certain indebtedness, expanding facilities to support anticipated growth, and general working capital. The offering was conducted under an effective shelf registration statement on Form S-3, which was declared effective on June 14, 2024, with a prospectus supplement filed on February 20, 2025.
Precision Optics (NASDAQ: POCI) has announced a registered direct offering of 1,272,500 shares of common stock at $4.00 per share, expected to generate gross proceeds of approximately $5.1 million and net proceeds of about $5.0 million after expenses.
The offering, led by existing stockholders, is scheduled to close around February 21, 2025. The company plans to use the proceeds to repay certain debts, expand facilities to support growth, and for general working capital purposes. The offering is being conducted through an effective shelf registration statement on Form S-3 previously filed with the SEC.
Precision Optics (NASDAQ: POCI) reported Q2 FY2025 results with revenue of $4.5 million, down from $4.8 million year-over-year but up 8% sequentially. Production revenue increased 42% sequentially to $3.3 million, while engineering revenue decreased to $1.2 million. The company reported a net loss of $1.0 million and adjusted EBITDA of -$0.6 million.
Gross margins declined to 23.6% from 30.1% in the same quarter last year. Notable developments include the January 2025 launch of the Unity Imaging Platform for endoscopic imaging devices, and receipt of a $340,000 production order for ophthalmic endoscopes. The company is accelerating deliveries against a $9 million order for urological endoscope imaging assemblies, with expected deliveries of $2.7 million in fiscal year 2025.
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