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Stock impact report

LightPath Technologies Reports Financial Results for Fiscal 2022 Third Quarter

LightPath Technologies, Inc. - Class A (LPTH) 
Last lightpath technologies, inc. - class a earnings: 2/6 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: lightpath.com/investor
Company Research Source: Accesswire
Freeform Optics Technology and LIDAR Capabilities Set a Path for GrowthORLANDO, FL / ACCESSWIRE / May 12, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a vertically integrated provider of engineered solutions for the global photonics industry, today announced financial results for its fiscal 2022 third quarter ended March 31, 2022.Management CommentaryLightPath's President and Chief Executive Officer Sam Rubin stated, "Our fiscal third quarter results indicate yet another step in the right direction for the Company. Our results and recovery efforts in China continue to improve from last year's discovery of malfeasance, even in the face of new COVID-19 shut-downs in China. Our margin is showing improvement due to incremental operational efficiency gains and our focus on acquiring better quality revenue, as well as a favorable revenue mix. Our new strategic focus on engineered solutions is showing us the right path to future opportunities and i Show less Read more
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