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Stock impact report

Laser Photonics Announces Third Quarter 2024 Results [Yahoo! Finance]

Laser Photonics Corporation (LASE) 
Company Research Source: Yahoo! Finance
systems for laser cleaning and other material applications, today announced results for its third quarter ended September 30, 2024. Wayne Tupuola, CEO of Laser Photonics, commented on the third quarter: "Looking at the quarter, we navigated a challenging period marked by increased investment in HR, Sales, and administrative functions—strategic moves that, while impacting our short-term performance, are essential for our future growth. We also secured several key deals, such as a sale of our CleanTech Industrial Roughening Laser 3050 to Acuren, another sale to the U.S. Navy, and an expansion with Brokk into the Asia-Pacific region. Each of these highlights our ongoing commitment to driving growth and value across strategic verticals." "Looking to our future, we're excited about the advancement of our innovative product concepts, including the Laser Shield Anti-Drone System (LSAD) and the Next-Gen CleanTech Robotic Cell, both poised to play critical roles in defense and industrial Show less Read more
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