NASDAQ$OPTX
Syntec Optics Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Syntec Optics reported results for Q1 2024, with revenue increasing and EPS exceeding expectations.
Syntec Optics reported a strong start to 2024 with increased revenue and earnings per share. The company's strategic focus on key markets and operational efficiencies drove the positive results.
- Revenue increased, driven by growth in key markets.
- Earnings per share (EPS) exceeded expectations.
- Gross margin improved due to operational efficiencies.
- The company is optimistic about continued growth in the coming quarters.
Headline financials
Revenue & EPS history
Syntec Optics · Revenue · Quarterly
$6.26M
Revenue by segment
Syntec Optics · $6.51M total across 4 segments · Q1 2026
- Communication$1.84M—28.3%
- Consumer$1.59M—24.5%
- Defense$1.56M—23.9%
- Medical$1.52M—23.3%
Forward guidance
Syntec Optics anticipates continued growth and profitability, driven by strategic initiatives and market demand.
Tailwinds
- Expanding into new geographic markets.
- Introducing innovative product lines.
- Increasing operational efficiency to improve margins.
- Strengthening relationships with key customers.
- Capitalizing on emerging market trends.
Headwinds
- Potential economic downturn affecting demand.
- Increased competition in key markets.
- Fluctuations in raw material costs.
- Geopolitical instability impacting supply chains.
- Regulatory changes affecting operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports · overlaid with Q1 2024
-2.6%
Avg return
Earnings day
-3.7%
Avg return
5 days after
-2.0%
Avg return
30 days after
18%
2 / 11 earnings
Positive
+68.5%
Q2 2024
Best reaction
-32.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.3% | +17.6% | +73.9% | |
| Q3 2025 | -5.0% | -32.0% | -24.1% | |
| Q2 2025 | -6.1% | +4.1% | +22.5% | |
| Q1 2025 | -16.3% | -22.2% | +7.5% | |
| Q3 2024 | -32.9% | -40.7% | -36.4% | |
| Q2 2024 | +68.5% | +66.7% | +26.9% | |
| Q4 2023 | -7.0% | -13.7% | -0.7% | |
| Q4 2022 | -7.0% | -0.9% | -20.7% | |
| Q1 2024 | +0.3% | +4.4% | -19.0% | |
| Q3 2023 | -17.0% | -23.9% | -51.8% | |
| Q2 2023 | -0.2% | -0.2% | -0.2% |
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