- (See also: “LightPath Raises $1.117 Million, Led By Carl Berg”, at http://www.financialwire.net/2010/04/13/lightpath-raises-1-117-million-led-by-carl-berg/) -

April 23, 2010 (FinancialWire) (Investrend Forums Syndicate) (By Gary Vassalotti, LIFA) — LightPath Technologies (NASDAQ: LPTH) has continued to grow its EPS numbers and the third quarter of 2010 is no exception: the company projected in a pre-release of quarterly earnings that EPS grew 58.82% versus the same quarter of last year.

Since LPTH has not formally reported its results yet, the numbers are 'projected,' but should be reasonably close to actual results. In the release, revenues for the quarter totaled $2.7 million versus $1.7 million for the comparable quarter of FY2009. That strong showing was the result of strength in Telecom and the Industrial Tool market sector. Indeed, it went on to report that backlog (an important indicator of continued future sales) grew by $501,000 to $3.9 million. Supporting the backlog growth was a 10% growth in price quotes that were requested by potential customers.

Actual, non-projected results are to be announced at the company's earnings conference call on Thursday, May 6th, 2010, at 4pm EDT. The conference call should also expand on the tidbits of information that were issued with the pre-release of earnings, and also give some insight into the current happenings and future expectations for the company. It could prove to be an exciting call.

Source: Investrend Weblogs (http://www.investrendweblogs.net/vassalotti/2010/04/21/lpth-eps/).

Professional analysis and equity research reports on LPTH and the Photo Optical Equipment Industry are available via ValuEngine (at http://www.valuengine.com/rep/searchirep?cid=103&rid=39&pid=42 and at http://www.valuengine.com/rep/searchsrep?srchfor=lpth&pid=42).  In addition, Streaming (real-time, dynamically-updating research is available via Stock Smart (at http://investrend.stocksmart.com/ri/toc?tid=10234).

See also: LPTH’s Investrend “InvestorPower(tm) Page” (at http://www.investrend.com/investorpower/lpth), as well as current LPTH’s current SEC filings (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000889971).

Gary Vassalotti, LIFA, is president of Vimcor, an equity analysis and portfolio management practice, as well as a contributing equity research analyst for Investrend Research. He previously worked with First American Bank, NA, First Union National Bank, and Montag Management, and has an overall interest in global markets. Mr. Vassalotti is a member of the North Carolina Society of Financial Analysts, the CFA Institute, and the North Carolina Investment Advisors Association (and was a former board member). Mr. Vassalotti has a B.S. in Finance with an emphasis in Economics from The Pennsylvania State University.

Streaming Research for all companies mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate, courtesy of Stock Smart (at http://investrend.stocksmart.com/ss/html/hpcompany.html).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).

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