LightPath Technologies, Inc. (NASDAQ:LPTH) Q4 2024 Earnings Conference Call September 19, 2024 5:00 PM ET
Company Participants
Albert Miranda - CFO
Sam Rubin - President & CEO
Conference Call Participants
Brian Kinstlinger - Alliance Global Partners
Jaeson Schmidt - Lake Street Capital
Scott Buck - H.C. Wainwright
Glenn Mattson - Ladenburg Thalmann
Operator
Good day, and welcome to the LightPath Technologies Fiscal Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Albert Miranda, Chief Financial Officer. Please go ahead.
Albert Miranda
Thank you. Good afternoon, everyone. Before we get started, I'd like to remind you that during the course of this conference call, the company will be making a number of forward-looking statements that are based on current expectations, involve various risks and uncertainties as discussed in its periodic SEC filings. Although, the company believes that the assumptions underlying these statements are reasonable, any of them can be proven to be inaccurate and there could be no assurances that the projected results would be realized.
In addition, references made by -- may be made to certain financial measures that are not in accordance with Generally Accepted Accounting Principles or GAAP. We refer to these as non-GAAP financial measures. Please refer to our SEC reports in certain of our press releases, which include reconciliations of non-GAAP financial measures and associated disclaimers. Sam will begin today's call with an overview of the business and recent developments for the company. I will then review financial results for the quarter and the full year. Following our prepared remarks, there will be a formal question and answer session.
I would now like to turn the conference over to Sam Rubin, LightPath's President and Chief Executive Officer.
Sam Rubin
Thank you, Al. Good afternoon to everyone and welcome to LightPath Technologies fiscal fourth quarter and full year 2024 financial results conference call. As always, our financial results press release was issued after the market closed today and posted to our corporate website.
Fiscal 2024 was an important year in our transformation from a pure component supplier to a system provider, delivering during the year new products, new contracts and starting to see growth driven by these new product lines. Just over three years ago, we set on a new course with a new strategic direction, taking us from being a pure component supplier to a systems or solutions provider.