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Stock impact report

Optex Systems Holdings, Inc. Announces Financial Highlights for the Three and Six Months Ended March 31, 2024 [Yahoo! Finance]

Optex Systems Holdings, Inc. (OPXS) 
NASDAQ:AMEX Investor Relations: ir.stockpr.com/optexsys
Company Research Source: Yahoo! Finance
for domestic and worldwide military and commercial applications, announced financial results for the three and six months ended March 31, 2024. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "After a great start to the year, we've now reached an excellent mid-year pace as we continue to execute on the record level backlog. A strengthened supply chain and continued customer wins are enabling solid operating leverage for our committed workforce. Good parts, on time, at world class value continues to be our mission." For the three months ended March 31, 2024, our total revenues increased by $2.1 million, or 33.8%, compared to the prior year period. The increase in revenue was primarily driven by increased deliveries at both the Optex Richardson segment of $1.2 million and the Applied Optics Center segment of $0.9 million. For the six months ended March 31, 2024, our total revenues increased by $5.1 million, or 48.8%, compared to the prior year period. The increase i Show less Read more
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