Laser Photonics reports Q2 EPS 0c vs. 7c last year

Reports Q2 revenue $1M vs. $1.4M last year. Wayne Tupuola, chief executive officer of Laser Photonics, commented: “Our second quarter was a mixed bag as sales, which given the capex and low volume nature of our business, were lumpy, but we benefited from continued strong gross margins. We continued to invest in sales and marketing and R&D during the quarter to set the table for future sales growth. These efforts have enabled us to expand our pipeline, and we are working diligently to convert these to orders over the next 12 months.”