How did LightPath's revenue and expenses shift in Q2 2025?
4/14/2025 06:16pm
LightPath Technology's revenue and expenses in Q2 2025 are not currently available. However, we can infer some insights from the information available.
1. **Revenue Decline**: Titan Logix Corp., reporting under the stock symbol LPTH, experienced a decline in revenue for the second quarter of fiscal 2025 compared to the same period of the previous year. The reported revenue for Q2 2025 was $221, while in Q2 2024, it was $275. This indicates a decrease in revenue by $54 or 20%.
2. **Increased Expenses**: Product research and development expenses for the current fiscal 2025 year increased by $118 to $632 compared to $513 in the same period of the previous year. This suggests that despite the revenue decline, the company has continued to invest in product development.
3. **EBITDA Decline**: The company's Operating EBITDA declined by $54 or 20% in Q2 2025 compared to the same period of the previous year. This decline in EBITDA, coupled with the revenue decline, indicates a challenging financial period for the company.
In summary, LightPath Technology faced a difficult financial quarter in Q2 2025 with a decline in revenue and an increase in expenses, leading to a significant drop in EBITDA.