Laser Photonics Q3 net sales rise 25%, net loss narrows

Overview

• US laser technology firm's Q3 net sales grew 25%, first quarter of yr/yr growth since Q4 2025

• Q3 net loss narrowed 46%, driven by lower operating and interest expenses

• Company raised $7.9 mln in September equity offering, eliminated $4.6 mln in notes payable

Outlook

• Company plans to introduce Quantum Bullet anti-drone platform at I/ITSEC in late November 2026

• LASE expects to continue serving pharmaceutical, semiconductor and industrial markets while prioritizing defense opportunities

• Company is not providing quantitative financial guidance at this time

Result Drivers

• OPERATING EXPENSE REDUCTION - Q3 operating expenses fell 34%, mainly due to lower general and administrative costs

• INTEREST EXPENSE REDUCTION - Lower interest expense contributed to improved net loss

• GROWTH STRATEGY FOCUS - Co clarified strategy around directed-energy technologies for defense, semiconductor, pharmaceutical and industrial markets

Company press release:

Key Details

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)