Syntec Optics Holdings Reports Second Quarter 2024 Earnings

Syntec Optics Holdings (NASDAQ:OPTX) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$7.01m (down 8.9% from 2Q 2023).
• Net income: US$281.8k (down 50% from 2Q 2023).
• Profit margin: 4.0% (down from 7.4% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.008.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Syntec Optics Holdings shares are up 62% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Syntec Optics Holdings (3 don't sit too well with us!) that you should be aware of before investing here.

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