---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-034939"
form_type: "8-K"
ticker: "LGL"
cik: "0000061004"
company_name: "LGL GROUP INC"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:22:42.148269+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LGL Group Q3 revenue up 20.6% to $1.18M; EPS falls to $0.01 from $0.02 YoY

## Summary
- Q3 2024 revenues $1,179,000 vs $978,000 in Q3 2023; net income $72,000 ($0.01/diluted share) vs $108,000 ($0.02/diluted share).
- Nine-month revenues $3,135,000 vs $2,683,000; net income per diluted share improved to $0.04 from $0.03.
- Gross margin declined to 43.4% in Q3 from 55.5% a year ago due to lower-margin product mix.
- Backlog grew to $505,000 at Sep 30, 2024, up from $143,000 at Dec 31, 2023.
- Cash and marketable securities $41,618,000; portfolio resilient despite Fed rate cut.

## SEC filing metadata
- accession: 0001437749-24-034939
- form_type: 8-K
- ticker: LGL
- cik: 0000061004
- company_name: LGL GROUP INC
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61004/000143774924034939/0001437749-24-034939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61004/000143774924034939/lglg20240814_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034939
- JSON: https://secwatch.observer/filing/0001437749-24-034939.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034939.txt

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