M-Tron Industries Q3 revenue $10.9M (+29% YoY); diluted EPS $0.57 vs $0.19

M-tron Industries, Inc.

2023-Q3 EPS reported $1.25 revenue$30,395,000

Revenue $10.9M, +29.4% YoY; net income $1.6M vs $503K in prior-year quarter.
Diluted EPS $0.57 vs $0.19; basic EPS $0.59 vs $0.19.
Gross margin 42.8% vs 32.4% YoY on favorable product mix.
Backlog $50.3M, +14.1% vs $44.1M at Sept 30, 2022.
Adjusted EBITDA $2.3M vs $0.9M in prior-year quarter.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

M-tron Industries, Inc. reported three months ended September 30, 2023 results: revenue $10.9 million, EPS $0.59 and $0.57 per share, respectively.

Period: three months ended September 30, 2023
Revenue: $10.9 million
EPS: $0.59 and $0.57 per share, respectively
Result: reported results

Exact text from the filing

its financial results for the three and nine months ended September 30, 2023. Management will host an earnings call on Thursday, November 16, 2023 at 10:30am EST. ● Revenue of $10.9 million for the three months ended September 30, 2023, was an increase of 29.4% compared to $8.4 million for the comparable prior year period. For the nine months ended September 30,

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

M-tron Industries, Inc. reported nine months ended September 30, 2023 results: revenue $30.4 million, EPS $1.27 and $1.25 per share, respectively.

Period: nine months ended September 30, 2023
Revenue: $30.4 million
EPS: $1.27 and $1.25 per share, respectively
Result: reported results

Exact text from the filing

ended September 30, 2023, was an increase of 29.4% compared to $8.4 million for the comparable prior year period. For the nine months ended September 30, 2023, revenue was $30.4 million, a 31.2% increase over the $23.2 million reported for the comparable prior year period. ● Gross margin was 42.8% for the three months ended September 30, 2023, compared to 32.4%

View on SEC.gov

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

M-tron Industries, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-031252

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.