LightPath's (LPTH) Preliminary Q4 Results Show Slight Decrease in Revs

August 16, 2011 8:36 AM EDT
LightPath Technologies, Inc. (Nasdaq: LPTH) reported preliminary revenue of $2.78 million for the fourth quarter of fiscal 2011, a decrease of 1 percent as compared to $2.81 million for the same period last year.

Cash on hand as of June 30, 2011 was $0.93 million as compared to $1.46 million on June 30, 2010 and $0.95 million on March 31, 2011. Backlog scheduled to ship within the next 12 months was $3.9 million as of June 30, 2011, an increase of $1 million as compared to backlog on June 30, 2010 and a $240,000 increase as compared to March 31, 2011.


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