earnings
confidence high
sentiment neutral
materiality 0.60
Trio-Tech Q2 net income flat at $507k; distribution revenue up 63%
TRIO-TECH INTERNATIONAL
2024-Q2 EPS reported
$0.17
revenue$22,168,000
- Revenue $12.2M (-2% YoY); gross margin 23% vs 27% in prior year.
- Net income $507k ($0.12/diluted share) unchanged from Q2 last year.
- Distribution revenue +63% YoY; margin improved to 18% from 15%.
- Cash $10.97M (up from $7.58M at June 30, 2023); equity $7.58 per share.
- CEO expects delivery of five remaining dynamic test systems in H2 fiscal 2024.