Optos plc (OPTS.L) reported underlying revenue growth of 18% for the first quarter compared to the same period last year, driven by a large volume of capital sales. Headline revenue was down 4% to $40.3 million from $41.9 million last year. The company said it has sold 267 Daytonas in the first quarter, secured an order for 250 devices with a corporate player and see continued demand for its other products - 200Tx and P200.
Optos said continuing economic difficulties in Europe have adversely affected trading conditions in the relatively modest market for Optos, trading elsewhere was strong in December and continues to be so in the first weeks of the second quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.