Laser Photonics Q1 FY26 net loss widens to $2.9 million; net sales fall to $0.9 million
Laser Photonics Corp.
Laser Photonics Corp. LASE | 0.00 |
- Laser Photonics posted Q1 2026 net sales of USD 0.9 million, down 60.87% from the year-ago quarter.
- Net loss widened to USD 2.9 million, or USD 0.11 per share, from a loss of USD 1.7 million.
- Gross loss was USD 0.4 million versus gross profit of USD 0.9 million a year earlier, while operating expenses held at USD 2.4 million.
- Cash rose to USD 1.6 million, supported by about USD 6.1 million in net proceeds from a public offering and warrant exercises/inducements.
- Laser Shield Anti-Drone System was selected by the U.S. Department of War under the MEIA “Vulcan” call, earning an invitation to a technical exchange.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laser Photonics Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606111715ACCESSWRNAPR_____1176351) on June 11, 2026, and is solely responsible for the information contained therein.
