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Stock impact report

Optex Systems Holdings, Inc. Announces Financial Highlights for the Three Months Ended December 31, 2023 [Yahoo! Finance]

Optex Systems Holdings, Inc. (OPXS) 
NASDAQ:AMEX Investor Relations: ir.stockpr.com/optexsys
Company Research Source: Yahoo! Finance
systems for domestic and worldwide military and commercial applications, announced financial results for the three months ended December 31, 2023. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "We are off to a great start in 2024. Our results clearly show that the supply chain is strengthening and we are successfully executing on the historically high backlog. Demand remains high as Optex and our customers continue to achieve wins in the marketplace. The future is very exciting." For the three months ended December 31, 2023, our total revenues increased by $2.9 million, or 72.5%, compared to the prior year three-month period. The Optex Systems segment realized a $1.8 million, or 109.6% increase, and the Applied Optics Center segment realized an increase of $1.2 million, or 47.6%, in external revenue compared to the prior year three-month period. Gross profit increased $1.0 million, or 134.9%, from $0.7 million for the three months ended January 1, 2023 to $1.7 Show less Read more
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