LightPath Technologies Reports 29% Revenue Increase With Fiscal 2016 Third Quarter Financial Results

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Go back to LightPath Technologies Reports 29% Revenue Increase With Fiscal 2016 Third Quarter Financial Results

Lightpath Technologies (LPTH) Tops Q3 EPS by 3c

May 5, 2016 4:21 PM EDT

Lightpath Technologies (NASDAQ: LPTH) reported Q3 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $4.1 million versus the consensus estimate of $3.8 million.

Jim Gaynor, President and Chief Executive Officer of LightPath, commented, "LightPath has continued to execute on its business plan, putting up another excellent quarter. Revenue growth of 29% in the third quarter of fiscal 2016 compared to same period in the prior year was driven by... More