LightPath: Q1 Revenue Up 21%
ORLANDO, Fla., Oct. 31, 2011 — LightPath Technologies Inc., a supplier of patented optical components and assemblies, has reported preliminary revenue of $2.7 million for the first quarter of fiscal 2012, an increase of 21%, as compared with $2.2 million for the same period last year.
The company announced the news in its preliminary financial results for the first quarter ended Sept. 30, 2011.
Backlog scheduled to ship within the next 12 months was $4.2 million as of Sept. 30, an increase of $1.02 million as...