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Symbol
Exchange
OTC US
As of 8:10 PM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

optex systems holdings inc (OPXS) Snapshot

Open
$0.01
Previous Close
$0.01
Day High
$0.01
Day Low
$0.01
52 Week High
03/20/14 - $0.04
52 Week Low
11/18/13 - $0.0050
Market Cap
2.4M
Average Volume 10 Days
47.0K
EPS TTM
$-0.0010
Shares Outstanding
170.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for OPTEX SYSTEMS HOLDINGS INC (OPXS)

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optex systems holdings inc (OPXS) Details

Optex Systems Holdings, Inc. manufactures optical sighting systems and assemblies primarily for the Department of Defense and foreign military applications. It offers electronic sighting systems, mechanical sighting systems, laser protected glass periscopes, laser and non-laser protected plastic periscopes, Howitzer sighting systems, thermal day/night periscopes, and ship binoculars, as well as replacement optics, such as filters and mirrors. The company also provides various periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley, and Stryker families of fighting vehicles, as well as light armored and armored security vehicles. The company offers its products directly to the federal government and prime contractors, as well as to subcontractors and foreign governments. Optex Systems Holdings, Inc. was founded in 1987 and is headquartered in Richardson, Texas.

55 Employees
Last Reported Date: 08/8/14
Founded in 1987

optex systems holdings inc (OPXS) Top Compensated Officers

Chief Executive Officer, Chief Operating Offi...
Total Annual Compensation: $218.9K
President, Treasurer, Secretary, Director and...
Total Annual Compensation: $79.3K
Principal Financial Officer, Principal Accoun...
Total Annual Compensation: $168.0K
Compensation as of Fiscal Year 2013.

optex systems holdings inc (OPXS) Key Developments

Optex Systems Wins $3,276,112.50 Federal Contract

Optex Systems Inc. won $3,276,112.50 federal contract from the Defense Logistics Agency's Defense Supply Center, Columbus, Ohio, for armored vehicle periscopes.

Optex Systems Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 29, 2014

Optex Systems Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended June 29, 2014. For the quarter, the company reported revenues of $1,858,000 compared to $4,358,000 a year ago. Operating loss was $405,000 compared to $96,000 a year ago. Loss before taxes was $399,000 compared to $118,000 a year ago. Net loss applicable to common shareholders was $399,000 or $0.002 per basic and diluted share compared to $79,000 or $0.001 per basic and diluted share a year ago. The decrease in revenue is due to lower spending by the U.S. Government across all product lines as compared to prior year levels. For the nine months period, the company reported revenues of $7,394,000 compared to $11,978,000 a year ago. Operating loss was $629,000 compared to $185,000 a year ago. Loss before taxes was $631,000 compared to $213,000 a year ago. Net loss applicable to common shareholders was $554,000 or $0.003 per basic and diluted share compared to $145,000 or $0.001 per basic and diluted share a year ago. Net cash provided by operating activities during the period from September 30, 2013 to June 29, 2014 totaled $0.9 million.

Optex Systems Holdings, Inc Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2014

Optex Systems Holdings Inc. announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2014. For the quarter, the company reported revenues of $2,182,000 against $3,770,000 a year ago. Operating loss was $213,000 against $152,000 a year ago. Loss before taxes was $214,000 against $158,000 a year ago. Net loss applicable to common shareholders was $142,000 against $106,000 a year ago. For the six months, the company reported revenues of $5,536,000 against $7,620,000 a year ago. Operating loss was $224,000 against $89,000 a year ago. Loss before taxes was $232,000 against $95,000 a year ago. Net loss applicable to common shareholders was $155,000 or $0.0010 per basic and diluted share against $66,000 or $0.0004 per basic and diluted share a year ago. The increase in net loss of $0.09 million is primarily attributable to lower revenue and the associated gross margin offset with the reduced general and administrative spending of $0.2 million and favorable changes in deferred income taxes of $0.04 million in the current year period as compared to the prior year.

 

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