Loading...
In the second quarter of 2025, Syntec Optics posted $6.56 million in revenue, down from the prior year. The company recorded a net loss of $343,921, but improved its gross margin to 24% and maintained positive adjusted EBITDA.
Syntec Optics reported a net sales of $7.01 million for Q2 2024, a 12% increase compared to Q1 2024. The company achieved an adjusted EBITDA of $1.32 million and a net income of $0.3 million, or $0.01 per share, up from negative $1.2 million or negative $0.03 per share for Q1 2024.
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.