Filing Flows › Precision Optics (POCI) › Q2 FY25
Precision Optics (POCI) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 13, 2025
Precision Optics (POCI) reported revenue of $4.5M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +8% from the quarter before. Operating margin was -20.1%, net loss $970K (21.4% of revenue).
Precision Optics, Q2 FY25: revenue $4.5M (-6% year over year), operating margin -20.1%, net loss $970K, operating cash flow −$787K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | +8% | -6% |
| Operating profit | −$910K | — | — |
| Net earnings | −$970K | — | — |
| Operating cash flow | −$787K | — | — |
What changed
Revenue was $4.5M in Q2 FY25, down 6% year over year and up 8% from the previous quarter. Optical Components was the largest line at 66% of revenue. Engineering Design Services lost $1.1M year over year (down 47%), 357% of the total change.
Gross margin was 23.6%, down 6.4 points from a year earlier. Operating costs exceeded revenue by $910K, an operating margin of -20.1%. Operating expenses fell 8% while revenue fell 6%. The fastest-growing cost line was Research & development (+43%). The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.3M loss.
Operating cash flow was −$787K. Non-cash charges added back $49K of depreciation and amortization and $308K of share-based compensation. Working capital and other items used $175K. Capital expenditures of $30K exceeded it, leaving free cash flow of −$817K.
Questions
What was Precision Optics' revenue in the second quarter fiscal 2025?
Precision Optics (POCI) reported revenue of $4.5M for the second quarter fiscal 2025 (Q2 FY25), -6% from a year earlier and +8% from the quarter before.
Was Precision Optics profitable in the second quarter fiscal 2025?
Operating loss was $910K (-20.1% of revenue) and net loss $970K.
Source: Precision Optics 10-Q on SEC EDGAR.