Interlink Electronics Q3 revenue up 66% to $3.1M; net loss widens to $0.03/share on absence of investment gains

INTERLINK ELECTRONICS INC

2023-Q3 EPS reported -$0.04 revenue$10,402,000

Revenue $3.1M, +66% YoY, from gas-sensor and membrane keypad acquisitions and organic growth.
Gross profit $1.5M (+67%); gross margin flat at 47%.
Operating loss narrowed to $92K from $190K in prior-year quarter.
Net loss applicable to common $225K ($0.03/diluted share) vs $94K loss; prior year had $181K non-operating investment gains.
Cash and equivalents $5.2M; management optimistic about continued organic and acquisition-driven growth.

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 0.95

INTERLINK ELECTRONICS INC reported the quarter ended September 30, 2023 results: revenue $3.1 million, net income ($0.03 per share), EPS ($0.03) per share.

Period: the quarter ended September 30, 2023
Revenue: $3.1 million
Net income: ($0.03 per share)
EPS: ($0.03) per share
Result: reported results

Exact text from the filing

Interface (“HMI”) devices and IoT solutions, today announced its financial results for the three- and nine-month periods ended September 30, 2023. Revenue for the quarter was $3.1 million, up 66% from the prior year period due to incremental revenue from the gas-sensor and membrane keypads operations acquired in December 2022 and March 2023. This in turn drove a

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Source: SEC EDGAR

accession 0001104659-23-117182

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