Precision Optics Forecasts $30M-$33M Revenue for Fiscal 2027 Amid Satellite Production Hurdles
Precision Optics Corporation (NASDAQ:POCI) has forecasted revenue of between $30 million and $33 million for fiscal year 2027, despite a temporary reduction in satellite production during the first quarter. The company attributed this decline to ongoing challenges affecting its satellite segment, which saw output drop by approximately 40% compared to previous expectations. In its Q4 fiscal 2026 earnings call, management described FY2026 as a year of transformation for Precision Optics, marked initially by strong production demand and efforts to scale up operations. However, the company has faced short-term disruptions that have impacted near-term performance in satellite manufacturing. The forecast reflects resilience amid these challenges but also highlights ongoing operational adjustments required to meet long-term growth targets.
Topics: Company Performance Earnings Call Fiscal Year Review