{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-031432","form_type":"8-K","ticker":"TRT","cik":"0000732026","company_name":"TRIO-TECH INTERNATIONAL","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.862456+00:00","generated_at":"2026-06-08T05:53:30.388190+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Trio-Tech Q1 revenue down 17% to $9.97M; net income $230K vs $882K YoY","bullets":["Revenue of $9.966M, down 17% from $11.939M in Q1 fiscal 2023, driven by lower testing services and manufacturing segment revenue.","Net income of $230K ($0.05 diluted EPS) compared to $882K ($0.21) in prior year; gross margin fell to 25% from 30%.","Cash and cash equivalents increased to $8.333M from $7.583M at June 30, 2023; shareholders' equity rose to $29.655M ($7.24 per share).","Delivered first dynamic power module test system under a previously announced contract; awaiting customer on-site buy off.","Management cites stabilization in key customer demand but remains cautious; anticipates recovery in distribution sales for fiscal 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-031432","json":"https://secwatch.observer/filing/0001437749-23-031432.json","markdown":"https://secwatch.observer/filing/0001437749-23-031432.md","text":"https://secwatch.observer/filing/0001437749-23-031432.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732026/000143774923031432/0001437749-23-031432-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732026/000143774923031432/trt20231112_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:53:30.388190+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"969f7759a023745409ef3140e9447b7eb5288c5e","claim":"TRIO-TECH INTERNATIONAL reported first quarter of fiscal 2024 results: revenue $9,966,000, net income $230,000, EPS $0.05 per diluted share.","evidence_excerpt":"Trio-Tech Reports First Quarter Results; Delivers First Dynamic Power Module Test System Van Nuys, CA -- November 13, 2023 – Trio-Tech International (NYSE MKT: TRT) today announced financial results for the first quarter of fiscal 2024. For the three months ended September 30, 2023, revenue decreased by 17% to $9,966,000 from $11,939,000 for the first quarter of fiscal 2023, primarily due to lower revenue in the Company’s testing services and manufacturing segments. Reflecting this decrease, gross margin declined to 25% of revenue compared to 30% of revenue for last year’s first quarter. Net income for the first quarter of fiscal 2024 was $230,000, or $0.05 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/732026/000143774923031432/0001437749-23-031432-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024"},{"label":"Revenue","value":"$9,966,000"},{"label":"Net income","value":"$230,000"},{"label":"EPS","value":"$0.05 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}