earnings
confidence high
sentiment positive
materiality 0.65
Solitron Devices reports Q3 fiscal 2025 bookings of $8.0M, up 67% YoY
SOLITRON DEVICES INC
- Fiscal Q3 bookings $8.0M vs $4.8M YoY; nine-month $11.8M vs $10.6M.
- Expected Q3 revenue $3.4M, down from $4.1M on lower backlog and higher rework.
- Backlog $12.3M as of Nov 30, 2024, vs $13.0M year earlier.
- Awaiting ~$5M order from largest program; directed to order end-of-life component.
- Developing SiC prototypes; optimistic about future revenue sources.