OPTX Reports Q3 Loss Amid Rising Labor Costs, Shares Plummet 31%

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Syntec Optics Holdings, Inc. (OPTX) reported a net loss of $1.4 million for the third quarter of 2025, resulting in a loss of 4 cents per share, a decline from breakeven results last year. The company’s revenues dropped to $7 million, an 11.6% decrease from $7.9 million in the same period of 2024. Following the earnings report, OPTX shares fell 30.7% since September 30, 2025, compared to a 3.1% decline in the S&P 500, with a 46.6% drop in the past month alone.

Gross profit also saw a significant decline, falling to $0.9 million from $1.8 million the year prior, attributed to increased labor and overhead costs. Despite these challenges, the company recorded positive operating cash flow of $0.7 million for the first nine months of 2025, an improvement from a cash usage of $1.6 million during the same timeframe in 2024. As of the end of the third quarter, cash reserves amounted to $0.6 million, with total liquidity standing at $1.3 million.

Looking ahead, Syntec Optics forecasts revenues for the fourth quarter of 2025 to be between $7.3 million and $8 million, focusing on growth in communications, biomedical, and defense sectors.

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