Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / LPTH - LightPath Technologies provides estimated impact of Hurricane Ian on Q1 revenue

LPTH - LightPath Technologies provides estimated impact of Hurricane Ian on Q1 revenue

LightPath Technologies Inc.
  • LightPath Technologies ( NASDAQ: LPTH ) on Thursday provided an update regarding the impact of Hurricane Ian on its largest manufacturing facility in Orlando, Florida.
  • LPTH closed its Orlando facilities nearly three days last week, which were the final three days of the fiscal quarter.
  • LPTH CEO Sam Rubin said the closure resulted in a delay of shipments, which impacted Q1 revenue by $400K-$700K, according to the firm's initial estimates.
  • "... we do not believe there will be any additional material adverse financial impact to LPTH's revenue or costs as a result of Hurricane Ian," he added.

For further details see:

LightPath Technologies provides estimated impact of Hurricane Ian on Q1 revenue
Stock Information
Company Name: LightPath Technologies Inc.
Stock Symbol: LPTH
Market: NASDAQ
Website: lightpath.com
Menu
LPTH LPTH Quote LPTH Short LPTH News LPTH Articles LPTH Message Board
Get LPTH Alerts

News, Short Squeeze, Breakout and More Instantly...