Optex Systems Holdings, Inc. Announces Financial Highlights for the Three and Nine months Ended June 30, 2024 [Yahoo! Finance]
Optex Systems Holdings, Inc. (OPXS)
NASDAQ:AMEX Investor Relations:
ir.stockpr.com/optexsys
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Source: Yahoo! Finance
systems for domestic and worldwide military and commercial applications, announced financial results for the three and nine months ended June 30, 2024. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "It was an excellent quarter across the board. With supply chain constraints easing, automation efforts coming on line, and more appropriate staffing levels, we are shipping product at an increased velocity. I can't say enough about our employees' willingness to put in the extra effort to meet our customer's demands. Our products are mission critical and we thank the entire Optex team for their dedication." Backlog as of June 30, 2024 was $45.6 million. This compares to a backlog of $41.8 million as of October 1, 2023, representing an increase of $3.8 million, or 9.1%, and a backlog of $41.6 million as of July 2, 2023, representing an increase of $4.0 million, or 9.6%. For the three months ended June 30, 2024, our total revenues increased by $1.9 million, or 26.3%,
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