earnings
confidence high
sentiment negative
materiality 0.55
Interlink Electronics Q2 revenue falls 1% to $2.0M; reports operating loss of $151K
INTERLINK ELECTRONICS INC
2022-Q2 EPS reported
$0.01
revenue$4,031,000
- Revenue $2.04M, down 1% YoY; YTD revenue $4.03M up 11% driven by industrial and medical markets.
- Gross margin declined to 46.7% from 54.6% due to higher material and labor costs.
- Operating loss of $151K vs income $133K in prior year; net income $112K benefited from $225K unrealized gains on securities.
- Diluted EPS $0.00; cash and marketable securities totaled $10.8M at quarter end.
- CEO cites progress on acquisition strategy and expects full-year revenue growth in 2022.