LightPath reports Q4 EPS (16c), consensus (4c)

Reports Q4 revenue $12.2M, consensus $12.2M. CEO Sam Rubin said: “FY25 closed with a clear validation of our strategy: move away from Germanium optics, scale our proprietary BlackDiamond glass into key defense verticals, and push up the value chain into complete IR camera systems…As we look back on the last few months, execution clearly matched the thesis with strong order growth, reflected by an intense customer desire for secure supply chains amid growing geopolitical uncertainty…On the product innovation front, we launched our first industrial-grade MWIR OGI camera and validated performance at a certified facility in line with EPA processes – broadening our OGI portfolio alongside our low-cost LWIR uncooled offering…We are now focused on scaling deliveries and converting a robust pipeline, including expected near-term follow-ons and additional program awards, into sustainable revenue growth through fiscal 2026 and beyond. The path forward is straightforward – continue to convert the market’s Germanium supply chain angst into BlackDiamond-based camera sales – moving up the value chain with a focus on building sustainable, long-term value for my fellow stockholders”.