LightPath Technologies Q1 2023 Gaap EPS $(0.04) Misses $(0.03) Estimate, Sales $8.08M Miss $8.31M Estimate
Portfolio Pulse from saritha@benzinga.com
LightPath Technologies reported Q1 2023 GAAP EPS of $(0.04), missing the estimate of $(0.03) by 33.33%. The company also reported sales of $8.08M, missing the estimate of $8.31M by 2.80%. However, both figures represent an increase from the same period last year.
November 09, 2023 | 9:05 pm
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LightPath Technologies' Q1 2023 results missed estimates, which could negatively impact the stock in the short term.
LightPath Technologies reported lower than expected earnings and sales for Q1 2023. This miss could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100