Syntec Optics swings to Q2 FY26 profit of 256,237; net sales rise 26% to 8.27 million - OPTX News | RalliesSyntec Optics swings to Q2 FY26 profit of 256,237; net sales rise 26% to 8.27 million
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OPTX• Q2 FY26 results improve on higher sales and profitability
- Syntec Optics returned to profit in Q2, posting net income of $256,237 versus a year-ago loss of $343,921.
- Net sales rose 26% to $8.27 million, lifting operating income to $321,388 from an operating loss of $146,250.
- Adjusted EBITDA (non-GAAP) increased to $817,662 from $689,739.
- Net cash from operating activities was $170,617 for the six months ended June 30, 2026, while cash climbed to $14.05 million from $358,867.
- The company raised about $21.4 million in net proceeds from an equity offering, repaid about $6.8 million of debt, and exited its line of credit.
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