
Precision Optics Reports Revenue Growth Amid Net Loss

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Precision Optics Corporation, Inc. reported a 59.2% increase in Q1 revenues to $6.68 million, driven by a nearly 300% rise in systems manufacturing revenue. Despite this, the company faced a net loss of $1.64 million due to higher operating expenses and lower gross margins. Management aims to improve operational efficiencies and capitalize on growth opportunities in the medical and defense sectors.
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