Investing.com - LightPath reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
LightPath announced earnings per share of $-0.050 on revenue of $7.37M. Analysts polled by Investing.com EPS of $-0.005 on revenue of $10.1M.
LightPath 's are down 53.92% and is trading at $1.020 , still down 64.46% from its 52 week high of $2.87 set on Wednesday, February 9, 2022.
LightPath follows other major Information Technology sector earnings this month
LightPath's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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