Precision Optics achieved record Q2 revenue of $7.4 million, driven by robust production growth, despite ongoing revenue challenges in engineering services.

• Production revenue surged 92% year-over-year to $6.0 million, solidifying Precision Optics' position in the aerospace market.
• Engineering revenue fell 29% year-over-year but rebounded 47% sequentially, indicating an early recovery in bookings.
• Recent operational improvements and leadership changes are expected to enhance gross margins and EBITDA moving forward.
• Strong demand for top-tier products, particularly aerospace and surgical devices, is fueling revenue growth and operational scaling.
• Guidance for Q3 anticipates further revenue growth supported by enhanced manufacturing efficiencies.