Overview

• US optical instruments maker's fiscal Q3 revenue more than doubled yr/yr to a quarterly record

• Adjusted EBITDA turned positive, while net loss narrowed sharply from a year ago

• Company raised full-year revenue and adjusted EBITDA guidance, citing strong production volumes

Outlook

• Precision Optics raises FY 2026 revenue guidance to $29-$31 mln from $26-$28 mln

• Company lifts FY 2026 adjusted EBITDA guidance to $(2.5)-$(2.7) mln from $(2.5)-$(3.0) mln

• Company expects production revenue to remain strong, citing favorable industry trends

Result Drivers

• AEROSPACE AND MEDICAL DEVICE VOLUMES - Record production volumes for a top-tier aerospace customer and cystoscopy surgery system drove revenue growth, per CEO Joe Forkey

• MANUFACTURING EFFICIENCY - Significant improvements in manufacturing efficiency led to higher gross margins, according to CEO Joe Forkey

• ROSS OPTICAL SEGMENT - Continued strong volume growth in Ross Optical segment contributed to overall revenue increase

Company press release: ID:nGNX1cmDQx

Key Details

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