Syntec Optics Reports Q1 GAAP Loss of -$0.02 and Revenue Decline to $6.5M
Syntec Optics (NASDAQ:OPTX) reported a first-quarter loss per share of -$0.02 with revenue falling year-over-year by 8.5% to $6.5 million. The results highlight ongoing challenges for the company, which recently secured defense contracts and raised capital through a stock offering.
Topics: financial_performance revenue_decline