Precision Optics Corporation, Inc.

Precision Optics Corporation, Inc.

PEYE
Precision Optics Corporation, Inc.US flagOther OTC
1.95
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Joseph N. Forkey
Full Time Employees
76
Sector
Healthcare
Industry
Medical - Instruments & Supplies
Address
22 East Broadway Gardner MA United States of America 01440
IPO Date
Jan 16, 1992
Website
poci.com
Business
Precision Optics Corporation, Inc. (NASDAQ: POCI) designs, develops, manufactures, and sells advanced optical instruments, specialized imaging systems, and related components primarily for the medical, defense, and aerospace industries. Founded in 1982 and headquartered in Gardner, Massachusetts, the company operates as a vertically integrated optics provider with facilities in Gardner, Littleton, Massachusetts, and South Portland, Maine; it serves customers mainly in the United States and the European Economic Area through its proprietary micro-optics, 3D imaging, and digital imaging technologies. Core products and services include medical instrumentation such as rigid laparoscopes, arthroscopes, sinuscopes, specialty endoscopes, micro endoscopes down to 0.6 millimeters in diameter, CMOS endoscopes, 3D endoscopes, endocouplers with focal ranges from 20 to 45 millimeters, parfocal zoom couplers, micro medical cameras, flexible fiber scopes with diameters as small as 5 microns, and custom imaging systems for minimally invasive surgical procedures; micro-optics components encompassing lenses down to 0.37 millimeters, prisms down to 0.10 millimeters, micro assemblies, and optical thin film coatings; as well as industrial and military assemblies including borescopes, illumination systems, and high-resolution optical solutions for jet engine inspection and augmented reality applications. Recent developments include the expansion of production facilities with a new lease in Littleton, Massachusetts, in June 2025 to consolidate engineering and meet a record backlog exceeding $18 million, alongside a new South Portland site for talent access; entry into a $678,000 product development agreement in November 2025 for a next-generation high-definition borescope for jet engines with a major aerospace and defense customer following a competitive supplier evaluation; a main purchase agreement with a top-tier aerospace customer in 2025 expanding program backlog to $6.6 million; record first quarter fiscal 2026 revenue of $6.68 million reflecting 46% year-over-year growth and guidance for full-year revenue over $25 million; a $1.4 million registered direct offering priced in 2024; appointment of Clay Schwabe as Vice President of Sales and Marketing; multiple follow-on production orders from defense customers totaling millions for robotic laparoscopy, cystoscopy, and optical applications; and customer FDA 510(k) clearance accelerating production of single-use endoscope assemblies.

Company News

APIChat
  • Precision Optics Corporation, Inc. (POCI) Q1 2026 Earnings Call Transcript

  • Precision Optics Corporation, Inc. (POCI) Q2 2025 Earnings Call Transcript

  • Precision Optics Receives Initial Production Order for Single-Use Ophthalmic Program

  • Panagora Asset Management Inc. Has $2.68 Million Stock Position in Materion Co. (NYSE:MTRN)

  • Precision Optics Corporation, Inc. (PEYE) Q4 2022 Earnings Call Transcript

  • Precision Optics Corporation, Inc. (PEYE) CEO Joseph Forkey on Q3 2022 Earnings Call Transcript

  • Precision Optics' Strategy Implemented Years Ago Is Set To Produce Targeted Revenue Growth

  • Precision Optics Corporation, Inc. (PEYE) CEO Joseph Forkey on Q2 2022 Results - Earnings Call Transcript

  • Precision Optics Corporation Schedules Second Quarter of Fiscal Year 2022 Conference Call for Monday, February 14, 2022

  • Precision Optics to Participate in the Lytham Partners Winter 2021 Investor Conference

  • Precision Optics Corporation, Inc. (PEYE) CEO Joe Forkey on Q1 2022 Results - Earnings Call Transcript