secwatch.observer — SEC 8-K summary
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Issuer:     M-tron Industries, Inc. (MPTI)
CIK:        0001902314
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001437749-24-015110
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M-tron Industries Q1 revenue $11.2M (up 19% YoY); EPS $0.53 vs $0.20
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- Revenue $11.2M, highest in 15+ years, up from $9.4M YoY, driven by strong defense shipments.
- Gross margin expanded 861 bps to 42.7% from 34.1% on product mix shift to higher-margin items.
- Net income $1.49M ($0.53 diluted) vs $0.55M ($0.20); Adjusted EBITDA $2.26M ($0.81) vs $1.03M ($0.38).
- Backlog $46.1M, down $1.7M from year-end but up $0.6M YoY; timing of orders cited.
- Investor Day scheduled May 8, 2024 at NYSE; webcast available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902314/000143774924015110/0001437749-24-015110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902314/000143774924015110/mpti20240229_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-015110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer