---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-010443"
form_type: "8-K"
ticker: "LGL"
cik: "0000061004"
company_name: "LGL GROUP INC"
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T04:08:56.240614+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LGL Group reports FY 2023 net income of $269K vs prior-year loss of $2.99M

## Summary
- Q4 2023 total revenues $995K, up 72% from $578K in Q4 2022.
- FY 2023 net income $269K ($0.05 diluted EPS) versus loss of $2,992K ($0.56) in FY 2022.
- Q4 2023 net income $134K ($0.02 EPS) flat compared to $133K ($0.02) in Q4 2022.
- Liquidity: cash and marketable securities $40.7M; working capital $41.1M; current ratio 87.7.
- Management evaluating M&A across aerospace/defense, consumer, and industrial sectors.

## SEC filing metadata
- accession: 0001437749-24-010443
- form_type: 8-K
- ticker: LGL
- cik: 0000061004
- company_name: LGL GROUP INC
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61004/000143774924010443/0001437749-24-010443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61004/000143774924010443/lglg20231227d_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-010443
- JSON: https://secwatch.observer/filing/0001437749-24-010443.json
- Plain text: https://secwatch.observer/filing/0001437749-24-010443.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.