M-Tron Q2 revenue up 43.5% to $10.1M; EPS $0.47 vs $0.18 YoY; backlog record $51.6M

M-tron Industries, Inc.

2023-Q2 EPS reported $0.68 revenue$19,507,000

Revenue $10.1M, +43.5% YoY; gross margin expanded to 41.6% from 37.5%.
Diluted EPS $0.47 vs $0.18 YoY; net income $1.277M up from $0.486M.
Backlog reached record $51.6M, up 19.3% YoY, driven by defense orders.
Adjusted EBITDA $1.931M vs $0.841M YoY for Q2; six-month $2.959M vs $2.018M.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

M-tron Industries, Inc. reported three and six months ended June 30, 2023 results: revenue $10.1 million, net income $1,277,000, EPS $0.47 per share.

Period: three and six months ended June 30, 2023
Revenue: $10.1 million
Net income: $1,277,000
EPS: $0.47 per share
Result: reported results

Exact text from the filing

announced its financial results for the three and six months ended June 30, 2023 and its participation in the Sidoti August 2023 Virtual Investor Conference. ● Revenue of $10.1 million for the three months ended June 30, 2023, was an increase of 43.5% compared to $7.1 million for the comparable prior year period. For the six months ended June 30, 2022, revenue

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M-tron Industries, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-023027

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