earnings
confidence high
sentiment positive
materiality 0.80
M-tron Industries Q3 revenue up 21% to $13.2M, EPS $0.81; raises FY24 guidance
M-tron Industries, Inc.
2024-Q3 EPS reported
$1.97
revenue$36,207,000
- Revenue $13.214M, +21.4% YoY; diluted EPS $0.81, +42.1% from $0.57.
- Gross margin 47.8% vs 42.8% YoY; adjusted EBITDA $3.3M vs $2.336M.
- Backlog $39.8M as of Sep 30, 2024, down from $47.8M at Dec 31, 2023.
- FY2024 revenue guidance raised to $46-48M from $43-45M; expects EBITDA margin 19-21%.
- Growth driven by defense-related orders; increased R&D investment.