Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
26 January 2022Website:
http://www.syntecoptics.comNext earnings report:
23 May 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 21:51:36 GMTDividend
Analysts recommendations
Institutional Ownership
OPTX Latest News
OPTX's earnings break even in Q3 and decline year over year. Revenue rise 19.2% year over year, boosted by data center and night vision demand.
ROCHESTER, NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today reported financial results for the first quarter of 2024. Third Quarter 2024 Financial Highlights Net Sales of $7.86 million increased by 12.3% from $7.01 million in Q2 2024, and sales from products of $7.33 million increased by 17.2% from $6.26 million in Q3 2023.
The award-winning production line contributes to increased success rate of military missions The award-winning production line contributes to increased success rate of military missions
CEO will deliver a speech titled “The Photonic Evolution: Current Trends and Future Growth Area” at the Global Photonics Forum 2024 CEO will deliver a speech titled “The Photonic Evolution: Current Trends and Future Growth Area” at the Global Photonics Forum 2024
Syntec achieves sequential revenue growth and returns to positive EBITDA and Earnings per Share. Syntec achieves sequential revenue growth and returns to positive EBITDA and Earnings per Share.
ROCHESTER, NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse defense, biomedical, communications, and consumer end-markets, today announced it will host a conference call to discuss its financial results and provide a business update on Thursday, August 15, 2024, at 5:00 p.m. Eastern Time (ET).
ROCHESTER, NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a mission-critical supplier of scientific and technical instruments and defense and aerospace optics to OEMs, today announced it is scheduling to manufacture orders for two critical optics that fit in the next generation military optics systems. Such new systems provided by the customer integrate several advanced technologies, including a variable magnification optic, laser rangefinder, visible and infrared lasers, a digital display overlay, and several other sensing and calculating abilities.
Syntec Optics (NASDAQ: OPTX ) stock is rocketing higher on Wednesday alongside heavy pre-market trading of the optics and photonics components company's shares. This has more than 4.6 million shares of OPTX stock changing hands as of this writing.
ROCHESTER, NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (“Syntec” or the “Company”) (Nasdaq: OPTX) named Dean Rudy Chief Financial Officer, effective June 10, 2024. Mr. Rudy succeeds Mr. Robert (Casey) Nelson.
Allows new digital night vision defense devices to approach legacy analog system performance Allows new digital night vision defense devices to approach legacy analog system performance
What type of business is Syntec Optics Holdings?
Syntec Optics Holdings, Inc. manufactures and supplies integrated optics and photonics components for biomedical, defense and security, consumer, industrial, and communication. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials. The company also provides clean room assembly, such as opto mechanical, opto electronic, and integrated photonics; and infrared optics, microlens arrays, software development, and optical metrology, and catalog optics services. In addition, it offers driverless cars, integrated photonics, robotics, sensors, VR and AR, machine vision, facial imagining, heads up display, finger print scanners, and laser scanners technology for consumers; night vision goggles, missile laser guides, biometrics, infrared and thermal imaging, ordnance optics, head mounted displays, 2D and 3D scanners, humvee lighting , laser targeting, protective domes and windows, and lidar technologies for defense and miliary; and medical diagnostic, microfluidics, surgical components and systems, and medical sensing technology for medical sectors. The company was founded in 1981 and is based in Rochester, New York.
What sector is Syntec Optics Holdings in?
Syntec Optics Holdings is in the Technology sector
What industry is Syntec Optics Holdings in?
Syntec Optics Holdings is in the Electronic Components industry
What country is Syntec Optics Holdings from?
Syntec Optics Holdings is headquartered in United States
When did Syntec Optics Holdings go public?
Syntec Optics Holdings initial public offering (IPO) was on 26 January 2022
What is Syntec Optics Holdings website?
https://www.syntecoptics.com
Is Syntec Optics Holdings in the S&P 500?
No, Syntec Optics Holdings is not included in the S&P 500 index
Is Syntec Optics Holdings in the NASDAQ 100?
No, Syntec Optics Holdings is not included in the NASDAQ 100 index
Is Syntec Optics Holdings in the Dow Jones?
No, Syntec Optics Holdings is not included in the Dow Jones index
When was Syntec Optics Holdings the previous earnings report?
No data
When does Syntec Optics Holdings earnings report?
The next expected earnings date for Syntec Optics Holdings is 23 May 2025