---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026405"
form_type: "8-K"
ticker: "LGL"
cik: "0000061004"
company_name: "LGL GROUP INC"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:53:50.562985+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LGL Group Q2 net income swings to $0.02/share on 48% revenue growth

## Summary
- Q2 2024 revenues $1,068,000, up 48% from $721,000 in Q2 2023.
- Net income of $137,000 ($0.02 diluted) vs net loss of $130,000 ($0.02 loss) a year ago.
- Gross margin expanded to 59.7% from 48.4% on higher-margin product mix.
- Backlog hit $737,000, up from $143,000 at Dec 31, 2023; most to ship in 90 days.
- Cash and marketable securities $41.1M as of June 30, 2024.

## SEC filing metadata
- accession: 0001437749-24-026405
- form_type: 8-K
- ticker: LGL
- cik: 0000061004
- company_name: LGL GROUP INC
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61004/000143774924026405/0001437749-24-026405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61004/000143774924026405/lglg20240513_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026405
- JSON: https://secwatch.observer/filing/0001437749-24-026405.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026405.txt

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