Interlink Electronics Q2 revenue $4.05M (+98%), net income $381k (+240%)

INTERLINK ELECTRONICS INC

2023-Q2 EPS reported $0.00 revenue$7,327,000

Revenue $4.05M, up 98% YoY; gross profit $2.06M, up 116.5%.
Net income $381k, up 240% from $112k; diluted EPS $0.04.
Growth from gas-sensor acquisition (Dec 2022) and Calman membrane keypad (Mar 2023), plus force-sensor medical strength.
Six-month revenue $7.33M (+82%); six-month net income $190k vs $254k prior.
Cash $5.1M; CEO sees significant growth potential from acquisitions.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

INTERLINK ELECTRONICS INC reported three-month periods ended June 30, 2023 results: revenue approximately $4.05 million, net income $381,000, EPS $0.04.

Period: three-month periods ended June 30, 2023
Revenue: approximately $4.05 million
Net income: $381,000
EPS: $0.04
Result: reported results

Exact text from the filing

(“HMI”) devices and IoT solutions, today announced its financial results for the three- and six-month periods ended June 30, 2023. Revenue for the quarter was approximately $4.05 million, up 98% from the prior year period due to revenues from the gas-sensor and membrane keypads operations acquired in December 2022 and March 2023, in addition to increased sales of

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

INTERLINK ELECTRONICS INC reported six-month periods ended June 30, 2023 results: revenue $7.33 million, net income $190,000.

Period: six-month periods ended June 30, 2023
Revenue: $7.33 million
Net income: $190,000
Result: reported results

Exact text from the filing

$ 0.04 $ 0.00 $ 0.04 $ 0.00 $ 0.01 $ (0.01 ) · Revenue nearly doubled to $4.05 million in the second quarter of 2023 compared to the prior year period, and increased 82% to $7.33 million for the six-month period. This was due primarily to the inclusion of revenues from our Gas and Environmental Sensors division (the SPEC Sensors/KWJ Engineering electrochemical

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

INTERLINK ELECTRONICS INC filing history →

Source: SEC EDGAR

accession 0001104659-23-089789

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