Precision Optics Corporation (POCI)
NASDAQ:POCI
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Earnings Data
Report Date
Sep 24, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.18Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational momentum and important financial inflection points: record revenue, materially improved gross margins, and positive adjusted EBITDA in Q3, supported by manufacturing yield gains, Ross Optical growth and a reinforced cash position from a $10M offering. Management increased full-year revenue guidance and outlined a robust pipeline with multiple programs expected to enter production. Key near-term risks include a customer-requested aerospace production slowdown (estimated 15%–20% pullback in early FY2027), remaining yield improvements needed on the cystoscope line, and facility modernization requirements. On balance, the positive operational and financial progress significantly outweighs the contained challenges, indicating constructive near-term trajectory toward sustained profitability.Company Guidance
Record Quarterly Revenue
Q3 revenue of $8.7M, a new quarterly record and an increase of $4.5M or 108% year-over-year (vs. $4.2M) and up from $7.4M in the prior quarter (~17.6% sequential growth).
Positive Adjusted EBITDA Milestone
Adjusted EBITDA turned positive at $300K in Q3 compared to negative $1.3M a year ago and negative $1.5M sequentially, marking a major operational inflection point.
Material Gross Margin Improvement
Gross margin improved to ~24% (23.6% reported by CFO) in Q3 versus 10% a year ago and 2.8% in Q2, driving gross profit to $2.1M compared to $418K in the year-ago quarter.
Aerospace Program Strength and Efficiency Gains
Top-tier aerospace customer revenue reached $3.6M in Q3 (new record) with 44% sequential growth; production yields improved to ~97% (up from typical 85%–95%), reflecting significant manufacturing efficiency gains.
Cystoscope Program Record Revenue and Yield Progress
Single-use cystoscope revenue hit a record $2.2M in Q3 (~10% sequential growth). Production yields increased to above 90% (target 95% expected in Q4), with ongoing cost and throughput improvements.
Ross Optical Contribution and Growth
Ross Optical revenue was $1.3M in Q3 vs $0.8M a year ago — a 65% year-over-year increase — and $1.0M in Q2; management expects this higher-margin business to sustain and contribute meaningfully to overall margins.
Strengthened Balance Sheet via Oversubscribed Financing
Completed an oversubscribed $10M public offering; cash balance rose to $10.7M at March 31, 2026 (from ~$900K at Dec 31, 2025), providing working capital for scaling and investments.
Raised FY2026 Guidance
Updated full-year revenue guidance to $29M–$31M (from $26M–$28M previously), representing 52%–62% growth over FY2025 revenue of $19.1M; adjusted EBITDA guidance improved to negative $2.5M to negative $2.7M (narrower than prior range).
Active Development Pipeline and Unity Platform Traction
Company expects 5–6 development programs to move to production in FY2027 with 3 slated in the next 6 months; Unity platform reduces R&D-to-production time, currently has 1 active Unity program and 4 Unity prospects, with target production revenue per Unity program of $1M–$3M/year.
POCI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
POCI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $4.60 | $4.78 | +3.91% |
Feb 17, 2026 | $4.66 | $4.63 | -0.64% |
Nov 13, 2025 | $4.83 | $4.32 | -10.56% |
Sep 29, 2025 | $4.39 | $4.35 | -0.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Precision Optics Corporation (POCI) report earnings?
Precision Optics Corporation (POCI) is schdueled to report earning on Sep 24, 2026, After Close (Confirmed).
What is Precision Optics Corporation (POCI) earnings time?
Precision Optics Corporation (POCI) earnings time is at Sep 24, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is POCI EPS forecast?
POCI EPS forecast for the fiscal quarter 2026 (Q4) is -0.06.