Laser Photonics Postpones Fourth Quarter and Full-Year Fiscal 2022 Earnings

Rhea-AI Summary

Laser Photonics Corporation (NASDAQ:LASE) announced a postponement of its fourth quarter and full-year 2022 earnings report, originally scheduled for March 30, 2023. The company will also cancel its anticipated webcast and conference call discussing these results. LPC stated it will inform investors via press release about the new reporting date. Known for its innovation in Cleantech laser systems, LPC focuses on disrupting the $46 billion sand and abrasives blasting markets. Its technologies are used by major manufacturers in industries such as aerospace and automotive.

Positive

• Strong reputation as an industry leader in laser systems.
• Focus on innovative Cleantech technologies addressing environmental issues.

Negative

• Postponement of earnings report may indicate potential operational issues or financial uncertainty.

ORLANDO, FL / ACCESSWIRE / March 29, 2023 / Laser Photonics Corporation (NASDAQ:LASE), ("LPC"), a leading global developer of Cleantech laser systems for laser cleaning and other material applications, today announced it will postpone reporting its fourth quarter and full-year 2022 ended December 31, 2022 and is canceling it webcast and conference call to discuss results that was scheduled to take place on March 30, 2023.

The Company intends to notify investors via press release when it is able to determine a date to report its fourth quarter and full-year 2022 numbers and reschedule its conference call to discuss these results.

About Laser Photonics Corporation

Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries-old sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. For more information, visit www.laserphotonics.com.

Laser Photonics Investor Relations Contact:
Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com

SOURCE: Laser Photonics Corp.

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https://www.accesswire.com/746582/Laser-Photonics-Postpones-Fourth-Quarter-and-Full-Year-Fiscal-2022-Earnings

FAQ

When will Laser Photonics report its fourth quarter and full-year 2022 earnings?

Laser Photonics has postponed its earnings report and will notify investors of the new date via press release.

What are the implications of the postponed earnings report for LASE stock?

Postponing the earnings report may raise concerns among investors about the company's financial stability.

What sectors does Laser Photonics serve?

Laser Photonics serves various sectors, including aerospace, automotive, defense, energy, and maritime.

Is Laser Photonics considered a leader in its industry?

Yes, Laser Photonics has quickly gained a reputation as an industry leader in industrial laser systems.