Inactive Instrument

Precision Optics Corporation, Inc.

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PEYE

US7402943010

Precision Optics Corporation, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023

February 14, 2024 at 04:16 pm EST

Precision Optics Corporation, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 4.82 million compared to USD 5.89 million a year ago. Net loss was USD 0.758802 million compared to net income of USD 0.508668 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to diluted earnings per share from continuing operations of USD 0.09 a year ago.
For the six months, sales was USD 9.15 million compared to USD 10.97 million a year ago. Net loss was USD 1.22 million compared to net income of USD 0.349944 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to basic earnings per share from continuing operations of USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.2 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.

Latest news about Precision Optics Corporation, Inc.

Precision Optics Announces Receipt of $1.26 Million Follow on Production Order from Defense Company	Apr. 25	CI
Precision Optics Announces Receipt of $720,000 Follow-On Production Order from Defense/Aerospace Customer for New Optical Application	Apr. 18	CI
Precision Optics Corporation, Inc. Provides Earnings Guidance for the Third Quarter 2024	Feb. 14	CI
Transcript : Precision Optics Corporation, Inc., Q2 2024 Earnings Call, Feb 14, 2024	Feb. 14
Precision Optics Corporation, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 14	CI
Precision Optics Corporation, Inc. Enters into Production and Technology Licensing Agreement for Single-Use Cystoscopy Robotic Surgery Program	Dec. 04	CI
Transcript : Precision Optics Corporation, Inc., Q1 2024 Earnings Call, Nov 14, 2023	Nov. 14
Precision Optics Corporation, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 14	CI
Precision Optics Corporation, Inc. Announces Receipt of New Production Order for Robotic Laparoscopy System	Nov. 09	CI
Precision Optics Corporation, Inc. Announces Receipt of $680,000 Production Order from Top Tier Defense Aerospace Customer for New Optical Application	23-10-19	CI
Precision Optics Corporation, Inc. Provides Revenue Guidance for the First Quarter, First Half of Fiscal 2024 and Full Year 2024	23-09-28	CI
Transcript : Precision Optics Corporation, Inc., Q4 2023 Earnings Call, Sep 28, 2023	23-09-28
Precision Optics Corporation, Inc. Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-28	CI
Precision Optics Corporation, Inc. Announces Management Changes	23-06-15	CI
Precision Optics Corporation, Inc. announced that it expects to receive $2.52 million in funding	23-06-14	CI
Transcript : Precision Optics Corporation, Inc., Q3 2023 Earnings Call, May 15, 2023	23-05-15
Precision Optics Corporation, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-15	CI
Precision Optics Corporation, Inc. Announces $1.5 Million Follow-On Product Development Order for Single Use Urology Program	23-05-12	CI
Precision Optics Corporation, Inc. Appoints Mahesh Lawande as Chief Operating Officer	23-05-09	CI
Precision Optics Corporation, Inc.(NasdaqCM:POCI) added to S&P TMI Index	23-03-20	CI
Precision Optics Seeks Acquisitions	23-02-14	CI
Transcript : Precision Optics Corporation, Inc., Q2 2023 Earnings Call, Feb 14, 2023	23-02-14
Precision Optics Corporation, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-14	CI
Precision Optics Corporation, Inc. Enters into Production and Technology Licensing Agreement for Single-Use Ophthalmic Program	23-02-13	CI
Precision Optics Announces Receipt of $2.3 Million Follow-On Production Order from Large Medical Device Company for Otoscopy Application	23-01-17	CI

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Company Profile

Precision Optics Corporation, Inc. is a developer and manufacturer of advanced optical instruments. The Company's medical instrumentation line includes traditional endoscopes and endocouplers as well as other custom imaging and illumination products for use in minimally invasive surgical procedures. It performs advanced optical and illumination system design, development, assembly and manufacturing services, and sources for resale specialized optical components for products, such as medical products used by hospitals and physicians, and products used by defense contractors and industrial customers. It is engaged in designing and manufacturing three-dimensional (3D) endoscopes and small microprecision lenses, anticipating future requirements for the surgical community. Its products and services include microprecision lenses and micro medical cameras, and three-dimensional (3D) endoscopes. Its subsidiaries include Precise Medical, Inc. and Wood's Precision Optics Corporation, Limited.

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