Lightpath Technologies

LPTH

Market cap $1.01B

ORLANDO, Fla., June 2, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced that the Company and North Run Strategic Opportunities Fund I, LP (the "Selling Stockholder") have entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 7,142,800 shares of the Company's Class A common stock, of which 3,571,400 shares of Class A common stock are being sold by the Company (the "Primary Offering") and 3,571,400 shares of Class A common stock are being sold by the Selling Stockholder (the "Secondary Offering" and, together with the Primary Offering, the "Offering"), each at an offering price of $14.00 per share, resulting in gross proceeds to the Company of $50 million.

LightPath is up 503% in a year as defense programs, BlackDiamond glass and the G5 Infrared deal lift backlog and revenue momentum.

NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Lightpath today announced it has secured an anchor award to construct new long-haul fiber infrastructure spanning approximately 392 route miles between Columbus, Ohio and Chicago, Illinois, leveraging eight LightCube Data Centers. The award allows Lightpath to deliver 327 miles of new, 100% underground, multi-conduit fiber network across three states and establishes Lightpath's first organically built long-haul route.

LightPath Technologies has transformed into a vertically integrated infrared optics and imaging systems provider, evidenced by a record $110M backlog and robust Q3 results. Q3 revenue surged 109% YoY to $19.1M, gross margin expanded 700 bps to 36%, and adjusted EBITDA turned positive for the third consecutive quarter. The Amorphous Materials acquisition doubles glass capacity and positions LPTH to capitalize on US defense supply chain mandates, especially as BlackDiamond replaces China-sourced germanium.

LightPath Technologies NASDAQ: LPTH reported fiscal third-quarter 2026 results on May 7, highlighting what management described as continued momentum in revenue growth, backlog expansion, and improving profitability as the company executes a multi-year shift from components to vertically integrated infrared optics and imaging systems. Get LightPath Technologies alerts:Sign UpManagement points to record revenue and growing backlog President and CEO Sam Rubin said the quarter continued the company's trend of “strong top-line growth,” a continued build in backlog with a “strong book-to-bill ratio,” and improvements in EBITDA and overall financial performance.

LightPath Technologies, Inc. (LPTH) Q3 2026 Earnings Call Transcript

LightPath Technologies, Inc. (LPTH) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.1 per share a year ago.

ORLANDO, Fla., May 7, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal third quarter ended March 31, 2026.

ORLANDO, Fla., April 30, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it will release financial results for the fiscal third quarter ended March 31, 2026 after market close on May 7, 2026.

Lightpath's fiber connectivity will be available on the CableFinder platform to give channel partners direct, API-driven access to Lightpath services.