Optex Systems Holdings, Inc (NASDAQ:OPXS) Q2 2025 Earnings Conference Call May 13, 2025 5:00 PM ET
Company Participants
Danny Schoening – Chairman and CEO
Karen Hawkins – Chief Financial Officer
Conference Call Participants
Operator
Good afternoon. And welcome to today’s Optex Systems Holdings, Inc. Second Quarter Earnings Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions-and-comments after the presentation. [Operator Instructions]
It is now my pleasure to turn the floor over to your host, Danny Schoening. Danny, the floor is yours.
Danny Schoening
Thank you, Tom. Hello. My name is Danny Schoening, and I’m the Chairman and CEO of Optex Systems. I’d like to begin by introducing Karen Hawkins, our CFO, who will walk you through the financials, and then I’ll come back to talk a little bit more about the business. Karen?
Karen Hawkins
Thank you, Danny. As Danny said, this is Karen Hawkins.
I am going to begin by reading the Safe Harbor Statement. During this call, management will be making forward-looking statements. Any statement that refers to expectations, projections or other characteristics of future events, including future financial results, future business and market conditions, and future plans, strategies, opportunities, and goals is a forward-looking statement.
Actual results may differ materially from those expressed in these forward-looking statements. For more information, please refer to the risk factors discussed in documents filed with the SEC, including the company’s latest annual report on Form 10-K filed December 19, 2024, as well as our second quarter 10-Q filed today. Optex Systems Holdings, Inc. assumes no obligation to update these forward-looking statements.
The first item I’d like to go over on our financials is the balance sheet performance. We ended March, on March 30, 2025, with an increase in cash of $2.5 million, basically driven
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