RICHARDSON, TX / ACCESSWIRE / August 15, 2022 / Optex Systems Holdings, Inc. (OTCQB:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial
Optex Systems Holdings, Inc. Announces Period Ended March 28, 2021 Financial Highlights
RICHARDSON, TX / ACCESSWIRE / May 7, 2021 / Optex Systems Holdings, Inc. (OTCQB:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial highlights for its three and six-month period ended March 28, 2021.
During the three and six months ended March 28, 2021, revenue decreased from our prior year period by $2.7 million and $4.1 million, or 38.9% and 32.1%, and gross margin decreased from our prior year period by $1.2 million and $1.9 million, or 76.7% and 60.7%, respectively, Operating income for the three and six-month period ended March 28, 2021 decreased by $1.2 million and $1.8 million, to a ($0.4) million and ($0.3) million loss, from income of $0.8 million and $1.5 million during the prior year period, respectively.
Optex Systems Holdings, Inc. Announces Fiscal Year 2020 Financial Highlights ACCESSWIRE
2020-12-17
RICHARDSON, TX / ACCESSWIRE / December 17, 2020 / Optex Systems Holdings, Inc. (OTCQB:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial highlights for its twelve month period ended September 27, 2020.
Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, The fourth quarter was a strong finish for Optex in our fiscal 2020. We were able to ship the majority of the volume against contracts which were long lead time items providing improved operating cash flow and decreasing our overall inventory. We enter 2021 with an extremely strong balance sheet and anticipate to add to our backlog as the new National Defense Spending Act is approved in the coming weeks. We believe the decrease in orders is simply a timing delay and not indicative to any long-term trends in the