Laser Photonics Corporation (LASE) Earnings
Laser Photonics Corporation is expected to report next earnings on August 18, 2026 (in NaN days).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Dec 22, 2025 | — | $-1.09 | — | $919284 | — |
| Jun 24, 2025 | — | $0.05 | — | $1M | — |
| Nov 14, 2024 | — | $-0.13 | — | $716697 | — |
| Aug 28, 2024 | — | $-0.20 | — | $623435 | — |
| Apr 15, 2024 | — | $-0.05 | — | $494825 | — |
| Nov 14, 2023 | — | $-0.13 | — | $1M | — |
| Aug 15, 2023 | — | $0.00 | — | $968049 | — |
| May 10, 2023 | — | $-0.18 | — | $1M | — |
| Aug 15, 2022 | — | $0.07 | — | $1M | — |
| May 19, 2022 | — | $0.08 | — | $1M | — |
| Nov 19, 2021 | — | $0.03 | — | $1M | — |
| Aug 16, 2021 | — | $0.07 | — | $914492 | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q2 FY2024 · August 30, 2024
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
### Sales and Marketing Focus - Announced partnership with Echelon 1 to advance CleanTech systems for the Department of Defense. - Added four new roles to grow sales of laser systems licensed from Fonon. ### R&D and Product Development - Continued investment in new product lines, including SaberTech laser cutting tools based on Turbo Piercing technology and Laser Shield Anti-Drone concept. - Introduced upgraded CleanTech products and ran a successful ad campaign with a 30-second commercial on Fox Business and CNBC. ### Cost Optimization - Plan to enhance manufacturing operations to reduce COGS through process refinement. - Formed a marketing task force to optimize marketing strategies, analyzing existing strategies, identifying improvements, and creating a comprehensive marketing plan.
Guidance
### Pipeline and Future Prospects - Estimated pipeline of over $70 million, expecting improved results in 2024 and positive medium to long-term growth prospects.
Segment performance
Revenue was down 35.5% to $0.6 million. CleanTech made up over 80% of the revenue mix. Gross profit was 51% compared to 71% last year. Operating loss in Q2 2024 was negative $2.1 million versus $0.7 million last year. Net loss decreased by 67% to $2.1 million, and loss per share was negative $0.20 per share. Share count increased significantly due to acquisitions of licenses from Fonon. Recently completed a private placement raising a net total of $2.6 million.
Risks & headwinds
### Risks - Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, as detailed in the company's SEC filings.
Analyst Q&A
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