The earnings call emphasized strategic growth through acquisitions and partnerships, which are expected to drive future growth and diversification. However, the company faced challenges with decreased revenue and increased losses this quarter. Despite these challenges, the strategic moves position the company for potential long-term success.

Company Guidance

During the Laser Photonics third quarter 2024 earnings call, CEO Wayne Tupuola and VP of Finance Carlos Sardinas provided insights into the company's strategic direction and financial performance. The recent acquisition of Control Micro System (CMS) was highlighted as a transformative move, diversifying LPC into the healthcare and pharmaceutical industries and bringing $2 million in unbilled contracted revenue. The acquisition aims to leverage CMS's laser drilling systems and custom solutions, aligning with LPC’s growth strategy in high-growth, recession-resistant sectors. Despite a 22% year-over-year decline in revenue to $800,000, the company saw a 21% sequential increase, with an improved gross margin of 85.8%, up by 1,140 basis points. Operating expenses rose by 25%, contributing to a net loss of $1.6 million, or $0.13 per share, up from $0.11. LPC anticipates future growth, driven by its CleanTech product line and strategic partnerships, including a significant sale to the U.S. Navy and ongoing collaborations with global leaders like Acuren.

Strategic Acquisition of Control Micro System (CMS)

Acquisition of CMS expands Laser Photonics' reach into the healthcare and pharmaceutical industries, providing a transformative opportunity with potential for significant growth. The pharmaceutical market is expected to grow at nearly 11% annually through 2030.

Improvement in Gross Margin

Gross margin improved by 1,140 basis points to 85.8%, driven by a product mix dominated by CleanTech.

Key Strategic Sales and Partnerships

Secured sales to Acuren and the U.S. Navy, establishing LPC's footprint in the defense sector and expanding its reach in nondestructive testing markets.

Expansion into Asia Pacific Region

Partnership with Brokk Australia to bring LPC's laser technology to industries in Australia, New Zealand, and neighboring markets.

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Laser Photonics Corp. (LASE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LASE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 19, 2025	2024 (Q4)	- / -	-0.05	―	―	―
Nov 14, 2024	2024 (Q3)	- / -0.13	-0.13	1.54% (<+0.01)	―
Aug 29, 2024	2024 (Q2)	- / -0.71	0	―	―	―
May 14, 2024	2024 (Q1)	- / -	-0.18	―	―
Apr 15, 2024	2023 (Q4)	- / -0.06	-0.18	67.22% (+0.12)	―
Nov 14, 2023	2023 (Q3)	- / -0.13	0.042	-409.52% (-0.17)	―
Aug 15, 2023	2023 (Q2)	- / 0.00	0.07	―	―
May 10, 2023	2023 (Q1)	- / -	0.077	―	―
Apr 17, 2023	2022 (Q4)	- / -0.18	0.077	-333.77% (-0.26)	―	―
Nov 08, 2022	2022 (Q3)	- / 0.04	0.005	740.00% (+0.04)	―	―

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

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LASE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 14, 2024	$5.05	$5.15	+1.98%
Aug 29, 2024	$4.36	$3.42	-21.56%
May 14, 2024	$2.62	$2.24	-14.50%
Apr 15, 2024	$2.07	$1.96	-5.31%

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.

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