Overview

• LightPath reported a fourth-quarter loss of $0.16 per share, missing the consensus estimate for a $0.04 loss.
• Quarterly revenue rose to $12.21 million, edging past the $12.2 million estimate and up from $8.63 million a year earlier.
• CEO Sam Rubin called fiscal 2025 a validation of shifting away from Germanium optics toward scaling BlackDiamond glass and moving into complete IR camera systems for defense customers.
• Shares fell 14.31% to $5.57 in Thursday’s after-hours session, then rebounded 17.5% to $7.64 on Friday, according to Benzinga and Benzinga Pro.
• HC Wainwright raised its price target to $8 and reiterated Buy, while Lake Street increased its target to $7.50 and kept a Buy rating.