Syntec Optics (Nasdaq: OPTX) Hits All-Time High Revenue in Q2 2026 Results
Syntec Optics reported record Q2 revenue of $8.3 million, up 26% year-over-year, swinging to a net profit of $0.3 million compared to a loss in the prior year. The company transformed its balance sheet during the quarter, using $21.4 million in offering proceeds to eliminate its revolving line of credit and end with $14 million in cash.
Key figures
- Eps
- 0.01
- Revenue
- 8300000
- Guidance
- Q3 2026 revenue $8.3M-$9.0M; Q4 2026 revenue $8.75M-$9.25M
- Debt repaid
- 6800000
- Cash balance
- 14000000
- Gross profit
- 2100000
- Offering proceeds
- 21400000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.