Precision Optics reveals partnership for product development
Product Development Order: Precision Optics Corporation received a $678,000 order to design a next-generation borescope system for inspecting jet engines from a major aerospace and defense company.
Competitive Evaluation: The order followed a thorough assessment process where Precision Optics was evaluated against three other suppliers during an onsite evaluation day.
CEO's Statement: Joe Forkey, CEO of Precision Optics, expressed satisfaction with the order, highlighting it as a validation of the company's growing opportunities in the Defense and Aerospace sectors.
Market Differentiation: The company emphasizes its capability to deliver comprehensive solutions, including advanced optical design and integrated electronic systems, which sets it apart in a demanding market.
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Precision Optics Reports Strong Q2 Revenue Growth
- Earnings Highlights: Precision Optics released its Q2 earnings report, posting a GAAP EPS of -$0.23, indicating resilience despite still being in the negative territory.
- Revenue Surge: The company achieved revenue of $7.4 million in Q2, representing a robust year-over-year growth of 63.7%, reflecting strong market demand and the competitiveness of its products.
- Market Impact: Although the EPS remains negative, the rapid revenue growth may attract investor interest, enhancing the company's image in the capital markets.
- Future Outlook: With continued revenue growth, Precision Optics is poised to improve its profitability in the coming quarters, strengthening its market position in the optics industry.
Precision Optics Schedules Q2 2026 Financial Results Conference Call
- Conference Call Announcement: Precision Optics Corporation has scheduled a conference call for February 17, 2026, at 5:00 p.m. ET to discuss its Q2 fiscal year 2026 financial results, reflecting the company's commitment to transparency and investor communication.
- Financial Results Release: The company intends to release its financial results and file its 10-Q after market close, indicating a rigorous approach to compliance and disclosure that may enhance investor confidence.
- Multiple Access Options: Interested parties can join the conference call via phone or live webcast, providing diverse access methods that ensure broader investor participation and improve engagement with the company.
- Replay Services: A teleconference replay and webcast replay will be available for seven days post-call, allowing investors who could not attend live to access key information, further enhancing information accessibility and transparency.
Precision Optics Unveils Partnership to Create Tailored High-End Borescope for Jet Engine Applications
Product Development Order: Precision Optics Corporation has received a $678,000 order to develop a next-generation borescope system for inspecting jet engines, designed to deliver high-definition performance and withstand extreme conditions.
Competitive Evaluation: The order was awarded after a rigorous evaluation process where Precision Optics was assessed against three other suppliers, highlighting the company's capabilities in optical design and engineering.
Market Positioning: CEO Joe Forkey emphasized that this achievement reflects the company's growing opportunities in the Defense and Aerospace sectors, showcasing their expertise and innovation in advanced optical instruments.
Company Background: Founded in 1982, Precision Optics specializes in micro-optics and imaging technologies for healthcare and defense/aerospace industries, providing comprehensive services from product concept to mass manufacturing.
Precision Optics Unveils Partnership for Developing Advanced Augmented Reality Sub-Systems for Fighter Pilots
Product Development Order: Precision Optics Corporation has received a $723,000 order to develop optical sub-assemblies for an advanced augmented reality (AR) system aimed at enhancing US Air Force fighter pilot training.
AR System Benefits: The AR system will allow pilots to train in-flight without the need for secondary aircraft, reducing costs and minimizing training-related accidents.
Market Growth Potential: The global aviation AR market, particularly for pilot training, is projected to grow at a compound annual growth rate (CAGR) of over 20% from 2023 to 2030, presenting a significant opportunity for Precision Optics.
Company Background: Founded in 1982, Precision Optics specializes in advanced optical technologies for the medical and defense/aerospace sectors, focusing on compact, high-performance optical systems.
Precision Optics Schedules Third Quarter of Fiscal Year 2025 Conference Call for May 15, 2025
Conference Call Announcement: Precision Optics Corporation will hold a conference call on May 15, 2025, at 5:00 p.m. ET to discuss its third quarter fiscal year 2025 financial results, following the release of its financial results and filing of its 10-Q after market close.
Company Overview: Founded in 1982, Precision Optics specializes in advanced optical instruments for medical and defense/aerospace industries, focusing on micro-optics and imaging technologies to meet the demands of surgical and defense applications.
Precision Optics to Present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025
Company Presentation Announcement: Precision Optics Corporation will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, with CEO Dr. Joe Forkey leading the session and answering questions afterward.
Company Overview: Founded in 1982, Precision Optics specializes in advanced optical instruments for medical and defense/aerospace industries, focusing on micro-optics and imaging technologies to meet evolving market demands.
Precision Optics Reports Strong Q2 Revenue Growth
- Earnings Highlights: Precision Optics released its Q2 earnings report, posting a GAAP EPS of -$0.23, indicating resilience despite still being in the negative territory.
- Revenue Surge: The company achieved revenue of $7.4 million in Q2, representing a robust year-over-year growth of 63.7%, reflecting strong market demand and the competitiveness of its products.
- Market Impact: Although the EPS remains negative, the rapid revenue growth may attract investor interest, enhancing the company's image in the capital markets.
- Future Outlook: With continued revenue growth, Precision Optics is poised to improve its profitability in the coming quarters, strengthening its market position in the optics industry.
Precision Optics Schedules Q2 2026 Financial Results Conference Call
- Conference Call Announcement: Precision Optics Corporation has scheduled a conference call for February 17, 2026, at 5:00 p.m. ET to discuss its Q2 fiscal year 2026 financial results, reflecting the company's commitment to transparency and investor communication.
- Financial Results Release: The company intends to release its financial results and file its 10-Q after market close, indicating a rigorous approach to compliance and disclosure that may enhance investor confidence.
- Multiple Access Options: Interested parties can join the conference call via phone or live webcast, providing diverse access methods that ensure broader investor participation and improve engagement with the company.
- Replay Services: A teleconference replay and webcast replay will be available for seven days post-call, allowing investors who could not attend live to access key information, further enhancing information accessibility and transparency.
Precision Optics Unveils Partnership to Create Tailored High-End Borescope for Jet Engine Applications
Product Development Order: Precision Optics Corporation has received a $678,000 order to develop a next-generation borescope system for inspecting jet engines, designed to deliver high-definition performance and withstand extreme conditions.
Competitive Evaluation: The order was awarded after a rigorous evaluation process where Precision Optics was assessed against three other suppliers, highlighting the company's capabilities in optical design and engineering.
Market Positioning: CEO Joe Forkey emphasized that this achievement reflects the company's growing opportunities in the Defense and Aerospace sectors, showcasing their expertise and innovation in advanced optical instruments.
Company Background: Founded in 1982, Precision Optics specializes in micro-optics and imaging technologies for healthcare and defense/aerospace industries, providing comprehensive services from product concept to mass manufacturing.
Precision Optics Unveils Partnership for Developing Advanced Augmented Reality Sub-Systems for Fighter Pilots
Product Development Order: Precision Optics Corporation has received a $723,000 order to develop optical sub-assemblies for an advanced augmented reality (AR) system aimed at enhancing US Air Force fighter pilot training.
AR System Benefits: The AR system will allow pilots to train in-flight without the need for secondary aircraft, reducing costs and minimizing training-related accidents.
Market Growth Potential: The global aviation AR market, particularly for pilot training, is projected to grow at a compound annual growth rate (CAGR) of over 20% from 2023 to 2030, presenting a significant opportunity for Precision Optics.
Company Background: Founded in 1982, Precision Optics specializes in advanced optical technologies for the medical and defense/aerospace sectors, focusing on compact, high-performance optical systems.
Precision Optics Schedules Third Quarter of Fiscal Year 2025 Conference Call for May 15, 2025
Conference Call Announcement: Precision Optics Corporation will hold a conference call on May 15, 2025, at 5:00 p.m. ET to discuss its third quarter fiscal year 2025 financial results, following the release of its financial results and filing of its 10-Q after market close.
Company Overview: Founded in 1982, Precision Optics specializes in advanced optical instruments for medical and defense/aerospace industries, focusing on micro-optics and imaging technologies to meet the demands of surgical and defense applications.
Precision Optics to Present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025
Company Presentation Announcement: Precision Optics Corporation will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, with CEO Dr. Joe Forkey leading the session and answering questions afterward.
Company Overview: Founded in 1982, Precision Optics specializes in advanced optical instruments for medical and defense/aerospace industries, focusing on micro-optics and imaging technologies to meet evolving market demands.
