Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

The 5 Most Interesting Analyst Questions From Cintas’s Q3 Earnings Call

CTAS Cover Image

Cintas’ first quarter results were shaped by robust demand across its route-based businesses and continued investment in operational efficiency. Management pointed to strong organic growth in Uniform Rental and Facility Services, First Aid and Safety Services, and Fire Protection Services, highlighting process improvements and successful customer conversions from do-it-yourselfers to Cintas’ programs. CEO Todd Schneider noted, “Our value proposition continues to resonate with customers in many different verticals, even in uncertain macroeconomic environments.” Segment-level margin improvements were attributed to strategic sourcing and technology initiatives.

Is now the time to buy CTAS? Find out in our full research report (it’s free).

Cintas (CTAS) Q3 CY2025 Highlights:

  • Revenue: $2.72 billion vs analyst estimates of $2.69 billion (8.7% year-on-year growth, 0.9% beat)
  • EPS (GAAP): $1.20 vs analyst estimates of $1.20 (in line)
  • Adjusted EBITDA: $743.8 million vs analyst estimates of $740 million (27.4% margin, 0.5% beat)
  • The company slightly lifted its revenue guidance for the full year to $11.12 million at the midpoint from $11.08 million
  • EPS (GAAP) guidance for the full year is $4.80 at the midpoint, missing analyst estimates by 1.1%
  • Operating Margin: 22.7%, in line with the same quarter last year
  • Market Capitalization: $83.01 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Cintas’s Q3 Earnings Call

  • Manav Patnaik (Barclays Capital) asked how budget pressures might accelerate the conversion of no-programmers. CEO Todd Schneider explained that outsourcing to Cintas helps customers manage budgets and compliance, making conversions appealing during tighter economic times.
  • Benjamin Luke McFadden (William Blair) inquired whether slowing payroll growth affected net wearer levels in the rental segment. Schneider responded that Cintas continues to grow above general employment trends by focusing on converting no-programmers and expanding services to existing clients.
  • Jasper Bibb (Truist Securities) questioned the impact of tariffs on expense growth. Schneider described Cintas’ global supply chain as a competitive advantage, citing geographic diversity and process improvements to offset tariff-related cost pressures.
  • Andrew J. Wittmann (RW Baird) asked about factors affecting First Aid segment gross margins. CFO Scott Garula pointed to ongoing investments and timing differences, with EVP James Rozakis adding that sequential margins were flat and investments are aimed at long-term growth.
  • Stephanie Benjamin Moore (Jefferies) probed Cintas’ ability to leverage AI and its technology stack. Schneider highlighted continuous investment in AI, analytics, and digital platforms to improve both customer experience and employee productivity.

Catalysts in Upcoming Quarters

In the upcoming quarters, the StockStory team will be monitoring (1) Cintas’ ability to sustain conversions of no-programmers and deepen cross-selling within its customer base, (2) the impact of ongoing technology and process investments on operating efficiency and margins, and (3) the resilience of demand across key verticals such as healthcare, hospitality, and state/local government. Execution in these areas will be critical for long-term growth.

Cintas currently trades at $202.50, in line with $200.59 just before the earnings. In the wake of this quarter, is it a buy or sell? The answer lies in our full research report (it’s free).

The Best Stocks for High-Quality Investors

When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.

Don’t let fear keep you from great opportunities and take a look at Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.