Lightpath Technologies - Class A Share Price Today

LightPath Technologies Q1FY27: Backlog hits $132.9M, exits China

Revenue rose 38% YoY to $20.76 million, missing analyst estimates of $21.93 million. Record backlog reached $132.9 million, up 20% sequentially, with $110.8 million due for delivery in 12 months. Gross margin expanded to 41.4% from 29.8% YoY, driven by higher mix of assemblies and modules. Company completed divestiture of all operations in China to align with U.S. government requirements. Adjusted EBITDA remained positive at $1.3 million for the fifth consecutive quarter.

LightPath promotes Amorelli to VP Engineering, Imaging Systems

Michael Amorelli promoted to VP Engineering, Imaging Systems at LightPath Technologies. Effective date is September 1, 2026, overseeing sites in New Hampshire, Orlando and Texas. Role consolidates G5 Infrared engineering with LightPath’s optics and BlackDiamond materials. Focus includes expanding infrared camera production for drone, security and defense applications.

LightPath Technologies sells China operations for $4.5 million

LightPath Technologies agrees to sell its China subsidiary and manufacturing facility for $4.5 million to an entity owned by incumbent management. The deal, expected to close in weeks, removes all China-based operations, deconsolidating approximately $4.5 million in annual revenue but ensuring full NDAA compliance for defense clients.

LightPath wins $13M follow-on IR camera order for counter-UAS program

LightPath Technologies received $13 million in follow-on orders for infrared cameras from a global defense supplier for counter-UAS programs. The orders involve a transition to BlackDiamond materials and highlight growing demand in public safety markets.

Lightpath to deliver AI-grade fiber to two hyperscale campuses

Lightpath announced new fiber builds to support two hyperscale data center campuses in Saline, Michigan and Port Washington, Wisconsin. Each campus is planned to exceed one gigawatt of capacity, with Lightpath providing triverse fiber infrastructure and multi-terabit capacity. The Saline build is expected to be delivered by the end of 2026, with Port Washington following in the second quarter of 2027.

LightPath Technologies joins Russell 2000 and 3000 Indexes

LightPath Technologies, Inc. has been added to the Russell 2000 and Russell 3000 Indexes, effective June 29, 2026, following the 2026 reconstitution. The inclusion is based on market capitalization rankings as of April 30, 2026, and reflects the company's growth in defense and commercial optics. Membership in the Russell 3000 Index ensures automatic inclusion in the Russell 2000 Index and relevant style indexes.