earnings
confidence high
sentiment positive
materiality 0.55
Interlink Electronics Q1 revenue up 27% YoY to $2.0M; net income $142K vs loss
INTERLINK ELECTRONICS INC
2022-Q1 EPS reported
$0.01
revenue$1,991,000
- Revenue $2.0M, +27% YoY and +23% sequential; gross margin 62.3% vs 55.7% in prior year.
- Operating income $18K vs operating loss $60K in prior year; net income $142K ($0.01 EPS) vs net loss $43K.
- Medical market demand recovery drove revenue growth; consumer market down due to design change by a large customer.
- Ended quarter with $8.1M cash and $2.3M marketable securities; management plans to pursue acquisitions.