Optex Systems Holdings Inc (OPXS)

Optex Systems Announces $1.25 Million Order for Laser Protection Filters Supporting Night Vision Binocular ProgramsJune 9, 2026 1:25 PM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / June 9, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new contract from the U.S. Government, in support of a Night Vision Goggle systems. The order value is $1.25M with deliveries starting in Q3 of fiscal calendar 2027 through Q1 of fiscal 2028."This order is another DO release against our five-year IDIQ contract with the U.S. Government. Our delivery and quality performance against this program has been excellent, and this is a key factor in new delivery order releases." stated Bill Bates, GM, AOC.With this order, the current Optex backlog is in excess of $32.5 million.ABOUT OPTEX SYSTEMSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Optex Systems (OPXS) Shares Rise After Earnings Beat ExpectationsMay 12, 2026 8:46 AM
IH Market News Shares of Optex Systems Holdings (NASDAQ:OPXS) moved higher in pre-market trading on Tuesday after the defense optics manufacturer reported second-quarter fiscal 2026 earnings that came in ahead of analyst forecasts.The stock gained 4.6% following the release of the results.Adjusted earnings per share reached $0.19, surpassing market expectations, while quarterly revenue totaled $9.6 million. Revenue missed analyst estimates and declined 10.3% from the $10.7 million reported in the same quarter last year. Margins Improve Despite Revenue Decline Optex reported a notable improvement in profitability, with gross margin rising to 35.2% from 31.3% a year earlier.The company said the margin expansion was driven by the completion of older low-margin contracts, stronger pricing on newer programs and continued operational efficiency improvements.For the full fiscal 2026 year, Optex expects revenue to range between $43 million and $45 million. The midpoint of the guidance, $44 million, would represent growth compared with fiscal 2025 revenue of $41.3 million.The company also forecast full-year adjusted EBITDA between $7.5 million and $8.5 million, versus $8.0 million recorded in fiscal 2025.“Optex remains on track to deliver one of the strongest revenue years in the Company’s history, while continuing to improve gross margins through operational efficiencies and disciplined cost management,” said Chad George, CEO of Optex Systems Holdings, Inc. Government Delays Weighed on First-Half Performance Net income for the quarter came in at $1.3 million, or $0.19 per diluted share, compared with $1.6 million, or $0.23 per diluted share, in the prior-year period.Adjusted EBITDA declined to $2.0 million from $2.4 million a year earlier, while revenue for the first six months of the fiscal year totaled $18.8 million, broadly unchanged from the previous year.The company said first-half revenue was negatively impacted by the federal government shutdown and delays tied to approval of the fiscal 2026 appropriations bill, which pushed several contract awards into the second half of the year.New orders for the first six months increased 3.8% year-on-year to $16.3 million, while working capital rose to $22.6 million.Optex ended the quarter with $4.2 million in cash and no outstanding borrowings under its revolving credit facility.Optex Systems Holdings stock price Original: Optex Systems (OPXS) Shares Rise After Earnings Beat Expectations

Optex Systems Holdings Announces Fiscal Q2 2026 Financial ResultsMay 11, 2026 11:05 PM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / May 11, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a manufacturer of precision optical sighting systems for military and commercial applications, today announced financial results for the three and six months ended March 29, 2026. The Q2 earnings call will be held on May 14th at 2pm EST with the Conference Number 800-343-4849 and Conference ID Code: OPXS2Q26.Chad George, CEO of Optex Systems Holdings, Inc., commented: "Optex remains on track to deliver one of the strongest revenue years in the Company's history, while continuing to improve gross margins through operational efficiencies and disciplined cost management. We believe increased investment in research and development positions the Company for long-term growth and stronger profitability moving forward."Three and Six-month Fiscal 2026 HighlightsRevenue for the quarter was $9.6 million compared to $10.7 million in the prior year periodSix-month revenue totaled $18.8 million, relatively flat compared to the prior yearThree-month gross margin improved to 35.2% compared to 31.3% last yearQuarterly net income was $1.3 million, or $0.19 per diluted share, compared to $1.6 million, or $0.23 per diluted share last yearQuarterly adjusted EBITDA was $2.0 million compared to $2.4 million in the prior year periodNew orders increased 3.8% year over year to $16.3 million for the first six monthsWorking capital increased to $22.6 millionCash balance totaled $4.2 million with no outstanding debt under the Company's revolving credit facilityThe Company's first-half revenue was impacted by the federal government shutdown and delayed approval of the fiscal 2026 appropriations bill, which postponed several contract awards into the second half of the fiscal year.Despite the lower revenue, gross profit and gross margins improved due to the completion of legacy loss-making contracts, improved pricing on newer programs, and operational efficiencies across both operating segments.Operating expenses increased primarily due to leadership transition costs, stock compensation expense, higher research and development spending and investments related to CMMC compliance and internal systems upgrades.Fiscal 2026 OutlookBased on current funded backlog and anticipated contract awards, the Company expects stronger revenue performance during the second half of fiscal 2026, with full-year revenue anticipated to range between $43 million and $45 million compared to $41.3 million during fiscal 2025.In addition, the Company expects full-year fiscal 2026 Adjusted EBITDA to range between $7.5 million and $8.5 million compared to $8.0 million in fiscal 2025.During the first six months of fiscal 2026, the Company invested approximately $0.8 million in capital equipment and has an additional $1.1 million in committed capital expenditures focused on expanding manufacturing capacity, supporting new product lines, and enhancing rapid prototyping and research capabilities.Our key performance measures for the three and six months ended March 29, 2026 and March 30, 2025 are summarized below. (Thousands) Three months ended Six months ended Metric Mar 29, 2026 Mar 30, 2025 % Change Mar 29, 2026 Mar 30, 2025 % Change Revenue $9,627 $10,730 (10.3)% $18,772 $18,928 (0.8)%Gross Profit $3,392 $3,361 0.9% $5,488 $5,489 - Gross Margin % 35.2% 31.3% 12.5% 29.2% 29.0% 0.7%Operating Income $1,664 $2,237 (25.6)% $1,813 $3,153 (42.5)%Net Income $1,341 $1,768 (24.2)% $1,583 $2,612 (39.4)%Adjusted EBITDA (non-GAAP) $2,035 $2,435 (16.4)% $2,763 $3,572 (22.6)%The table below summarizes our three and six-month operating results for the periods ended March 29, 2026 and December 30, 2025, in terms of both the GAAP net income measure and the non-GAAP Adjusted EBITDA measure. We believe that including both measures allows the reader to better evaluate our overall performance. (Thousands) Three months ended Six months ended March 29, 2026 March 30, 2025 March 29, 2026 March 30, 2025 Net Income (GAAP) $1,341 $1,768 $1,583 $2,612 Add: Non-recurring General and Administrative Expenses 14 - 291 - Federal Income Tax Expense 358 470 313 529 Depreciation and Amortization 97 126 187 255 Stock Compensation 260 72 472 164 Interest (Income) Expense (35) (1) (83) 12 Adjusted EBITDA - Non GAAP $2,035 $2,435 $2,763 $3,572 Optex Systems Holdings, Inc.
Condensed Consolidated Balance Sheets (Thousands, except share
and per share data) (Unaudited)
March 29, 2026 September 28, 2025 ASSETS Cash and Cash Equivalents $4,164 $6,389 Accounts Receivable, Net 5,657 4,569 Inventory, Net 15,636 14,322 Contract Asset 115 142 Prepaid Expenses 578 285 Current Assets 26,150 25,707 Property and Equipment, Net 2,089 1,427 Other Assets Deferred Tax Asset 1,098 1,199 Right-of-use Asset 1,500 1,700 Security Deposits 23 23 Other Assets 2,621 2,922 Total Assets $30,860 $30,056 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable $908 $1,525 Operating Lease Liability 672 645 Federal Income Taxes Payable - 87 Accrued Expenses 1,570 1,634 Accrued Selling Expense 134 141 Accrued Warranty Costs 25 162 Contract Loss Reserves 56 132 Customer Advance Deposits 227 234 Current Liabilities 3,592 4,560 Other Liabilities Operating Lease Liability, net of current portion 964 1,205 Total Liabilities 4,556 5,765 Commitments and Contingencies - - Stockholders' Equity Common Stock - ($0.001 par, 2,000,000,000 authorized, 6,937,358 and 6,920,658 shares issued and outstanding, respectively) 7 7 Additional Paid in Capital 22,231 21,801 Retained Earnings 4,066 2,483 Stockholders' Equity 26,304 24,291 Total Liabilities and Stockholders' Equity $30,860 $30,056 The accompanying notes in our Form 10-Q for the three and six months ended March 29, 2026 and our Annual Report on Form 10-K for the twelve months ended September 28, 2025 filed with the SEC on May 11, 2026 and December 17, 2025, respectively, are an integral part of these financial statements.Optex Systems Holdings, Inc.
Condensed Consolidated Statements of Income
(Unaudited) (Thousands, except share and per share data) Three months ended Six months ended March 29,
2026 March 30,
2025 March 29,
2026 March 30,
2025 Revenue $9,627 $10,730 $18,772 $18,928 Cost of Sales 6,235 7,369 13,284 13,439 Gross Profit 3,392 3,361 5,488 5,489 General and Administrative Expense 1,728 1,124 3,675 2,336 Operating Income 1,664 2,237 1,813 3,153 Interest Income (Expense) 35 1 83 (12 Income Before Taxes 1,699 2,238 1,896 3,141 Income Tax Expense, net 358 470 313 529 Net Income $1,341 $1,768 $1,583 $2,612 Basic Income per Share $0.19 $0.26 $0.23 $0.38 Weighted Average Common Shares Outstanding - basic 6,919,674 6,871,960 6,905,249 6,842,949 Diluted Income per Share $0.19 $0.26 $0.23 $0.38 Weighted Average Common Shares Outstanding - diluted 6,925,172 6,893,231 6,940,620 6,902,912 The accompanying notes in our Form 10-Q for the three and six months ended March 29, 2026 and our Annual Report on Form 10-K for the twelve months ended September 28, 2025 filed with the SEC on May 11, 2026 and December 17, 2025, respectively, are an integral part of these financial statements.About Optex Systems HoldingsOptex Systems Holdings, Inc. manufactures optical sighting systems and assemblies primarily for U.S. Department of Defense applications. Its products are installed on military vehicle platforms including the Abrams, Bradley, and Stryker vehicle families, along with numerous surveillance and night vision systems.For more information, visit www.optexsys.comSafe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "believe," "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, Adjusted EBITDA, G&A expenses, profit margins and working capital); customer demand; orders and backlog; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Optex Systems Announces Lionel Liebman as Director of Optical EngineeringMay 1, 2026 1:55 PM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / May 1, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a manufacturer of precision optical sighting systems, announced the appointment of Lionel Liebman as Director of Optical Engineering.Mr. Liebman brings over 30 years of experience in commercial and defense optical systems. He will lead efforts to enhance existing products and support development of new technologies.He holds four patents in fiber optics, photonics, lasers, and ladar technologies, and is an expert in electro-optic/infrared (EO/IR) systems. Most recently, he served as Senior Manager of Optical Engineering at Raytheon and previously held leadership and engineering roles at Lockheed Martin.He earned a Bachelor of Science in Optical Engineering from the University of Arizona.CEO Chad George said, "Lionel's experience will strengthen our technology development and support our continued growth in the defense market."ABOUT OPTEX SYSTEMSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed, and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Optex Systems Announces $1.23 Million Order for Laser Protection Filters Supporting Night Vision Binocular ProgramsMarch 27, 2026 9:00 AM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / March 27, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new contract from the U.S. Government, for laser interference filters in support of Night Vision Goggle systems. The order value is $1.23M with deliveries starting in quarter four of fiscal calendar year 2026 through early 2027."This order is another delivery order release against our five-year IDIQ contract with the U.S. Government. Our delivery and quality performance against this program has been excellent, and this is a key factor in new delivery order releases." stated Bill Bates, GM, AOC.With this order, the current Optex backlog is in excess of $36.8million.ABOUT OPTEX SYSTEMSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Optex Systems Holdings, Inc. Announces Financial Highlights for the Three Months Ended December 28, 2025February 11, 2026 9:00 AM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / February 11, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial results for the three months ended December 28, 2025.Chad George, CEO of Optex Systems Holdings, Inc., commented, "Sales increased compared to the prior year quarter due to an increase in periscope demand, as well as an increase in our new product development activities for the XM30 program. Margins compressed due in large part to a loss reserve that we had to realize for the gold usage on the Abrams day window program. The price of gold has increased by over 250% over the last three years which is causing margin erosion on this 5 year old IDIQ contract. We do not expect the lower gross profit to continue through the balance of 2026, as our old legacy periscope contracts roll off and are replaced with more favorable pricing in our current backlog.We also incurred $0.3 million of non-recurring costs within general and administrative expenses associated with the CEO transition as well as with the retirement of two other senior level employees. We expect G&A spending to remain at a higher level during 2026, as we invest in research and development to drive new product lines and capabilities at Optex. Increased defense spending is driving additional demand for opto-mechanical assemblies, and we are increasing our investment to meet this anticipated demand. Long-term, we expect our margins to be in line with our prior year's performance as this additional spending is expected to be offset by higher margins on our legacy programs and continued revenue growth."For the three months ended December 28, 2025, our total revenues increased by $0.9 million, or 11.6%, compared to the prior year period. The increase in revenue was primarily driven by increased revenue at the Optex Richardson segment, partially offset by decreased revenue at the Applied Optics Center segment.Optex Richardson revenue increased by $1.9 million or 55.9% for the three months ended December 28, 2025 as compared to the prior year period with increased production levels on the periscope product line combined with higher sighting system deliveries against our new XM30 display periscope assemblies and higher customer demand for muzzle reference systems and big eye binoculars in our other product group.Applied Optics Center revenue decreased by $1.0 million or 20.1% for the three months ended December 28, 2025 as compared to the prior year period. The revenue decrease is primarily attributable to lower customer demand for laser filters and optical assemblies. We expect revenues to increase across laser filters and optical assemblies during the second half of fiscal year 2026 based on new order bookings and anticipated contract awards.Consolidated gross profit for the three months ended December 28, 2025 was slightly lower during the current year period as compared to the prior year period a higher mix of shipments against our legacy long-term loss contracts combined with changes in mix between segments and product lines combined. During the current year three-month period the Applied Optics Center realized increased cost of sales due to contract loss reserves which was driven by higher usage and the price of gold applied during the coating process on one of its product lines. The lower gross profit for the Applied Optics Center segment was somewhat offset by improved gross profit at the Optex Richardson segment on higher revenue, changes in product mix, improved labor performance on our periscope line and a reduction in loss contract deliveries as the long-term loss contracts have been completed or are nearing completion. The consolidated gross margin percentage decreased from 26.0% to 22.9% in the current year three-month period as compared to the prior year three-month period. We anticipate higher revenues and gross profits for both segments during the second through fourth quarters of fiscal year 2026, as the long-term loss contract for Optex Richardson is nearing completion and has been replaced with more favorably priced orders and revenues are shifting at the Applied Optics Center toward more profitable product lines.During the three months ended December 28, 2025 and December 29, 2024, we recorded operating expenses of $1.9 million and $1.2 million, respectively. Operating expenses increased by 58.3% over the prior year period primarily due to increased labor and fringes of $0.5 million, increased stock compensation of $0.1 million and increased legal and IT service costs of $0.1 million. During the three-month period ended December 28, 2025, the Company incurred $0.3 million in increased general and administrative costs associated with higher salaries and fringes for Chad George, serving as President of Optex Systems Holdings. Danny Schoening retired as Chief Executive Officer effective on December 20, 2025, at which time Chad George assumed the role of the Company CEO. In addition, during the three-month period ending December 28, 2025, there were two senior level positions that were double staffed as retiring employees were training their hired replacements. With the resignation of Danny Schoening in December, and the retirement of the two senior level employees in early January 2026, we do not expect these expenses to recur beyond the first three months of fiscal year 2026.During the three months ended December 28, 2025, we recorded operating income of $0.1 million, as compared to operating income of $0.9 million during the three months ended December 29, 2024. The $0.8 million decrease in operating income is primarily due to lower gross profit and higher general and administrative costs.During the three months ended December 28, 2025, we recorded net income applicable to common shareholders of $0.2 million as compared to net income applicable to common shareholders of $0.8 million during the three months ended December 29, 2024. The $0.6 million decrease in net income is primarily attributable to increase general and administrative costs of $0.7 million, partially offset by interest revenue and a federal income tax benefit during the three month period ended December 28, 2025.Our key performance measures for the three months ended December 28, 2025 and December 29, 2024 are summarized below. (Thousands) Three months ended Metric December 28, 2025 December 29, 2024 % Change Revenue $9,145 $8,198 11.6% Gross Profit $2,096 $2,128 (1.5)% Gross Margin % 22.9% 26.0% (11.9)% Operating Income $149 $916 (83.7)% Net Income $242 $844 (71.3)% Adjusted EBITDA (non-GAAP) $728 $1,137 (36.0)% Our Adjusted EBITDA decreased by $0.4 million to $0.7 million for the three months ended December 28, 2025, as compared to $1.1 million for the prior year period. The decrease in Adjusted EBITDA is primarily driven by lower net income of ($0.6) million, offset with the addition of $0.3 million in non-recurring general and administrative costs and other changes of ($0.1) million as compared to the prior year period.The table below summarizes our twelve-month operating results for the periods ended December 28, 2025 and December 29, 2024, in terms of both the GAAP net income measure and the non-GAAP Adjusted EBITDA measure. We believe that including both measures allows the reader to better evaluate our overall performance. (Thousands)Three months ended December 28, 2025 December 29, 2024 Net Income (GAAP) $242 $844 Add: Non-recurring General and Administrative Expenses 277 - Depreciation and Amortization 90 129 Federal Income Tax (Benefit) Expense (45) 59 Stock Compensation 212 92 Interest (Income) Expense, net (48) 13 Adjusted EBITDA - Non-GAAP $728 $1,137 Adjusted EBITDA has limitations and should not be considered in isolation or a substitute for performance measures calculated under GAAP. This non-GAAP measure excludes certain cash expenses that we are obligated to make. In addition, other companies in our industry may calculate Adjusted EBITDA differently than we do or may not calculate it at all, which limits the usefulness of Adjusted EBITDA as a comparative measure.During the three months ended December 28, 2025, the Company booked $7.9 million in new orders, representing a 31.7% increase over the prior year period orders of $6.0 million. The orders for the most recently completed three months consist of $3.8 million for our Optex Richardson segment and $4.1 million attributable to the Applied Optics Center segment.A substantial portion of our revenue is derived from U.S. Government contracts, which are subject to annual congressional appropriations. Failure to pass the annual appropriations by October 1, the start of the new fiscal year, often results in a continuing resolution ("CR") which can delay new contract awards, exercising of contract options, and starting of new program initiatives, which could materially and adversely affect our future revenues. From October 1, 2025 to November 12, 2025, the federal government of the United States was in a shutdown as Congress failed to pass appropriations legislation for the 2026 fiscal year. On November 10, 2025, Congress passed a CR, which funded the government at existing spending levels through January 30, 2026. On February 3, 2026 a funding appropriation bill was passed by Congress and signed by the President which covers the majority of U.S. Government spending for the 2026 fiscal year. The funding bill excluded the Department of Homeland Security which is subject to further negotiations. The Company has not experienced a slow-down of total consolidated contract awards during the first three months of fiscal year 2026, however we have experienced a reduction in contract awards for our laser filters at the Applied Optics Center which we attribute to the 2025 government shutdown and CR. While we cannot provide assurances, we are anticipating new contract awards against current outstanding proposal requests for these laser filters as a result of the approved funding.Subsequent to the period ended December 28, 2025, on February 6, 2026, the Applied Optics Center received a new order from a prime military contractor for laser interface filters valued at $2.2 million with deliveries to begin in the third fiscal quarter of 2026 and extend into the second fiscal quarter of 2027. We anticipate additional awards since the appropriations bill was approved on February 3, 2026.As of December 28, 2025, Optex Systems Holdings had working capital of $21.2 million, as compared to $21.1 million as of September 28, 2025. During the three months ended December 28, 2025, we used operating cash of $(0.1) million, primarily driven by increased inventory and payments against accounts payable. During the three months ended December 28, 2025, there were no borrowings or payments against our revolving credit facility with Texas Capital Bank.At December 28, 2025, the Company had approximately $5.8 million in cash and no outstanding balance on our revolving credit line. As of December 28, 2025, our outstanding accounts receivable balance was $4.4 million, of which $4.1 million has been collected during January 2026.During the three months ended December 28, 2025 the Company invested $0.5 million and as of December 28, 2025 has capital commitments of an additional $0.5 million for the purchase of property and equipment including a DLC coater and prototype metal machining center. The Company plans to spend a total $2.4 million in capital investment over fiscal year ending 2026 to expand its current capacity as well as develop new capabilities to expand into adjacent markets. Obsolete equipment will be replaced with new or upgraded systems to reduce downtime and drive capacity improvements for both Optex Richardson and the Applied Optics Center. Also, new capabilities will be required to support new product lines at Applied Optics Center, as well as support the increased focus on research and rapid prototype development at Optex Richardson.On February 9, 2026, the Board of Directors of the Company terminated the Company's existing stock repurchase program and approved a new stock repurchase program pursuant to which the Company may purchase up to $10 million in shares of the Company's outstanding common stock (the "Repurchase Program"). The Repurchase Program allows the Company to purchase common stock from time to time through, among other methods, open market purchases, privately negotiated transactions, and/or pursuant to Rule 10b5-1 trading plans, subject to applicable securities laws and other legal requirements and relevant factors. The number of shares purchased and the timing of any purchases will depend upon a number of factors, including the price and availability of the Company's common stock and general market conditions. The Repurchase Program may be modified, suspended or terminated at any time, without prior notice.Highlights of the Consolidated and Segment Results of Operations have been prepared in accordance with GAAP. These financial highlights do not include all information and disclosures required in the consolidated financial statements and footnotes and should be read in conjunction with our Form 10-Q for the three months ended December 28, 2025 and our Annual Report on Form 10-K for the twelve months ended September 28, 2025 filed with the SEC on February 11, 2026 and December 17, 2025, respectively.Optex Systems Holdings, Inc.
Condensed Consolidated Balance Sheets (Thousands, except share
and per share data) (Unaudited)December 28, 2025 September 28, 2025 ASSETS Cash and Cash Equivalents $5,841 $6,389 Accounts Receivable, Net 4,356 4,569 Inventory, Net 14,966 14,322 Contract Asset 134 142 Prepaid Expenses 214 285 Current Assets 25,511 25,707 Property and Equipment, Net 1,793 1,427 Other Assets Deferred Tax Asset 1,244 1,199 Right-of-use Asset 1,640 1,700 Security Deposits 23 23 Other Assets 2,907 2,922 Total Assets $30,211 $30,056 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable $1,400 $1,525 Operating Lease Liability 668 645 Federal Income Taxes Payable 87 87 Accrued Expenses 1,458 1,634 Accrued Selling Expense 141 141 Accrued Warranty Costs 168 162 Contract Loss Reserves 185 132 Customer Advance Deposits 243 234 Current Liabilities 4,350 4,560 Other Liabilities Operating Lease Liability, net of current portion 1,116 1,205 Total Liabilities 5,466 5,765 Commitments and Contingencies - - Stockholders' Equity Common Stock - ($0.001 par, 2,000,000,000 authorized, 6,937,358 and 6,920,658 shares issued and outstanding, respectively) 7 7 Additional Paid in Capital 22,013 21,801 Retained Earnings 2,725 2,483 Stockholders' Equity 24,745 24,291 Total Liabilities and Stockholders' Equity $30,211 $30,056 The accompanying notes in our Form 10-Q for the three months ended December 28, 2025 and our Annual Report on Form 10-K for the twelve months ended September 28, 2025 filed with the SEC on February 11, 2026 and December 17, 2025, respectively, are an integral part of these financial statements.Optex Systems Holdings, Inc.
Condensed Consolidated Statements of Income
(Unaudited) (Thousands, except share and per share data) Three months ended December 28, 2025 December 29, 2024 Revenue $9,145 $8,198 Cost of Sales 7,049 6,070 Gross Profit 2,096 2,128 General and Administrative Expense 1,947 1,212 Operating Income 149 916 Interest Income (Expense) 48 (13 Income Before Taxes 197 903 Income Tax (Benefit) Expense, net (45) 59 Net Income $242 $844 Basic Income per Share $0.04 $0.12 Weighted Average Common Shares Outstanding - basic 6,890,823 6,813,938 Diluted Income per Share $0.03 $0.12 Weighted Average Common Shares Outstanding - diluted 6,956,067 6,912,594 The accompanying notes in our Form 10-Q for the three months ended December 28, 2025 and our Annual Report on Form 10-K for the twelve months ended September 28, 2025 filed with the SEC on February 11, 2026 and December 17, 2025, respectively, are an integral part of these financial statements.ABOUT OPTEX SYSTEMS HOLDINGSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "believe," "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, G&A expenses, profit margins and working capital); customer demand; orders and backlog; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

It is amazing how many of the OTC grave yard dog stocks I picked going back as far as March 2009 (this one was a 2014, bottom feeding special I was loading up at .01 on OTC, I knew it would survive with it's patented sole source tech, $GD , #NATO, needed, and I knew it would make it to Nasdaq.

Congratulations to all the long term shareholders that held. Anyone else still here from 2014 to 2016??

Optex Systems Announces $2.19 Million Order for Optical Assemblies Supporting an Enhanced Night Vision Goggle ProgramFebruary 10, 2026 9:20 AM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / February 10, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new contract from a U.S. Government Prime Contractor, in support of a Night Vision Goggle system. The order value is $2.19M with deliveries starting in Q2 of calendar 2026 through early 2027."We are proud to continue the legacy of supplying laser protection filters, in high volume, to the U.S. warfighters. Our technical staff is second to none in understanding the physics and manufacturing processes that enable us to be a leader with regard to protecting both equipment and the human eye in battlefield conditions. Our large thin-film coating chambers are specially designed to handle very high volume and high layer count coatings. This is why we remain a key contributor to products of this type and will continue to do so, well into the future." stated Bill Bates, GM, AOC.With this order, the current Optex Systems Holdings' backlog is in excess of $38million.ABOUT OPTEX SYSTEMSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Optex Systems Announces First Quarter Earnings CallFebruary 5, 2026 3:10 PM
ACCESS NewswireRICHARDSON, TX / ACCESS Newswire / February 5, 2026 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today that it plans to report its financial performance for the first quarter of fiscal 2026 on Wednesday, February 11th, 2026.In addition, the Company announced that it will hold an investor conference call on February 11th, 2026 at 4:30 pm ET. Investors interested in participating in the live call can dial (833) 316-2483 or (785) 838-9284 with the Conference ID OPXSQ126. Any financial information and required disclosure on non-GAAP financial measures discussed on the call will be included in the Company's earnings release, which will be available at https://ir.stockpr.com/optexsys under "Latest Financial Results."ABOUT OPTEX SYSTEMSOptex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.Safe Harbor StatementThis press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed, and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.Contact:

Yeah been rocking since the strong fiscal Q2 earnings report back in May-

https://finance.yahoo.com/news/optex-systems-holdings-inc-announces-120000470.html

This stock has been on fire the past three months. : ) Anybody have an idea what ignited the fire? I don't see any news that explains it.

OPXS new 52 week high

OPXS moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Buyers are ask slapping again today. Back test / chart shows a higher low.

Do go to the $3 to $4 range now?

Almost 20% of the OS of OPXS was bought back, deal is done.

The OS on this firm is tiny.

Military spending is going up, NATO and Germany and Ukraine buying like its candy.

Positive PE, so much cash they bought back almost 20% of the OS retail shares well above the market lows, at almost 35% premium....

Details here:

https://ih.advfn.com/p.php?pid=nmona&article=89101963

My thinking is they are planning an up list to National exchange, and decided the best investment for their profits is to have the treasury buy back shares $OPXS

$OPXS buying back $4 mil dollars of the float now. And making lots of profits...

Optex Systems Holdings, Inc., established in 2009, is the parent company of Optex Systems Inc. Optex Systems, Inc. (Optex) originally founded in 1987, is a veteran- owned small business, serving the United States defense industry.

Fully ITAR-compliant, Optex is specifically targeted towards military products and services. The Company designs, builds, and ships thousands of units per month as either a Prime Contractor to the US Government or as a sub-contractor to original equipment manufacturers, like General Dynamics Land Systems (GDLS), BAE Systems, and L3 Communications.

With an expertise in Optical and Mechanical Assemblies, Optex has established itself as a critical supplier on multiple armored vehicle platforms (Abrams, Stryker, Bradley), fire control systems (howitzers, .50cal machine guns), and night/thermal vision sights (Armored Security Vehicle, Light Armored Vehicle (LAV), night vision rifle scopes).

Huge news a day ago, $OPXS is buying back up 1/3 of the float above market.

Making the retail float get even smaller.

Smart move

https://ih.advfn.com/stock-market/USOTC/optex-systems-qb-OPXS/stock-news/88869878/tender-offer-statement-by-issuer-sc-to-i?xref=ff_sidebar_quote

This beast is insanely undervalued now. Read why:

https://ih.advfn.com/stock-market/USOTC/optex-systems-qb-OPXS/stock-news/87280261/quarterly-report-10-q

52 week highs being made here. IMO one spark of news and This could double in days, with such a small tight share structure, and now with NATO and Germany and others starting to increase spending because of Ukraine-Putin...

Been long on this one since 2013/2014.... 250 new tanks for Poland could be just the start...

I still think OPXS makes a run to $3 to $4, just needs a spark. It has already made the break out...

https://seekingalpha.com/article/4450533-optex-systems-a-high-quality-business-seeing-sharp-increase-in-backlog

New writeup on OPXS

https://seekingalpha.com/article/4450533-optex-systems-a-high-quality-business-seeing-sharp-increase-in-backlog

Lots of vendors to the government have terrible margins. I’m not sure what the mechanics are that leave margins in the 20’s for these particular products. It may be in our interests anyway as fat 50% margins would likely attract bigger more formidable competition.

I’m just happy with the idea that there is more margin upside.

I wonder why they do not think they can get gross margins to 40 or 50% ?
With these type of products and fed gov as a customer one would think they could do much better than 30%.

Pretty good LD Micro call yesterday. Most notable thing is the company thinks they can grow margins to the 30% range.

https://www.webcaster4.com/Webcast/Page/2019/33279

Yeah the IDIQ contracts are piling up big time

And another big WIN! Congrats Optex! Revenue growth looking like a sure thing for next several years.

Not planning to

As a side note earnings are out and dead center in the middle of my .05-.07 estimate. Also looks like they are pointing to 6.1 million next quarter so it will likely be slightly better, but the bigger revenue numbers look like they will be back weighted to the second half.

Anyone attending this weeks annual meeting?

Completely agree on all counts

I agree with you 100%. I do not expect a big step up in share price next week but I do expect the stock to continue its rise for the next 24 months.

I love what I have seen in the daily trading.....big buying interest from funds.

You know the revenue guidance isn’t that exciting for the upcoming quarter right?

I mean they will make money, maybe .05-.07, but unless they sandbagged on revenue it won’t be as good as last quarter.

As of now it’s the May quarter I’m jazzed about. As of now that one looks like it will be epic.

The strength in share price is a good sign so I guess I could be wrong. That is certainly my preference.

Starting to get giddy in anticipation of upcoming earnings PR in about a week! Buckle up me thinks.

Nice! Up on big volume. No resistance in sight.
Ps and PE and ev/ebitda all crazy low!

Yesterday's order PR in case you missed it.

1.1 million non-military

http://www.investorpoint.com/stock/OPXS-Optex%20Systems%20Holdings%20Inc/news/6353868083626635/

has been off everyone's radar since pumpers lost interest after last investor rip-off. Is right around first resistance levels and is also in overbought territory so may tick up a few more pennies.

I love how this is completely off anyone's radar. That will change with the next couple quarterly reports. The next should be in first half of Feb, only 3 or so weeks away!

I also like the absence of any chart resistance above the current level. It could run a long way.

Good buy so far!

I expect this next earnings release to be decent not exceptional relative to last quarter. Given revenue guidance you are probably not looking at more than .07/share.

Q2 on the other hand could be a monster of biblical proportions.

Good point but I think opxs is headed higher because we are now only about 1 month from the next earnings release.....and it will be ggggoooooooodddd!
I bought more today at 2.09.

Not in favor, but saber rattling or an actual war with Iran is certainly bullish for defense and OPXS's business.

Seriously, PPS still right 01 cent (pre r/s etc ) and company can no longer blame military cuts etc as a reason. Multiple investor rip-offs hard to transcend and the investment community has clearly been speaking via lack of interest...

I wasn’t entirely clear. That 5.8 million in backlog is for q1. Q2 backlog is almost 7 million.

Yeah action was not exciting

It won't be until Q2 that results get really hard to ignore. If you look at the 10k their orders in backlog right now are 5.8 million. They do a really nice job of guiding on their delivery schedules and its likely that 5.8 is in the ballpark of where they will be. There may be a bit of upside to that around the DLA order as well as normal variance up and down, but revenues are going to likely be in the 6 million range.

They did mention their "distractions" are behind them which I am interpreting to mean their margin issues. That leaves me figuring .06-.07 is a good guess for next quarter.

Where it really gets interesting in Q2. They already have 6.8 in the backlog for Q2 delivery. That number almost always increases as the quarter approaches (with 1 recent exception). It wouldn't surprise me to see revenue in Q2 of 7.5 million and EPS as high as .15/share. That isn't going to be ignorable, and I think it would get you to 5 dollars. Then G&H revenue should hit in the back half of 2020.

Agree...Surprised by the muted volume.
Schoening could have elaborated on the
backlog? He announced an increase of 5%
as of Sept. 29th. But said nothing about
the subsequent orders in November?
As CEO . If you are not going to host
a conference call and answer questions.
You are not being transparent enough.

Well that was a disappointing day for the stock.
Retailers can be sssoooooo silly.

I first read it on Yahoo Finance.
Seeking Alpha also has it.

You have a link? I don't see it in my trading station or anywhere else yet.

Edit:
Never mind its on their website
https://ir.stockpr.com/optexsys/press-releases/detail/526/optex-systems-holdings-inc-announces-fiscal-year-2019

I hope that hits the wires. It was missing from almost every website I use as well as my broker. It was on yahoo finance and their website.

They already issued the PR.
It is great!

Hopefully they do a PR in the AM

As opposed to say 7 pm tonight.

I get normalized EPS of more like .37 if you back out warrant adjustments

Still this is a stock that is under 2 bucks. It could double and still be undervalued. Haven't read through the 10k yet but I did noticed it is peppered with references to nasdaq uplisting requirements. I think that is a near term intent at this point which is another catalyst in addition to earnings numbers.