earnings
confidence high
sentiment negative
materiality 0.60
Solitron Devices reports preliminary Q4 revenue $3.1M vs $4.0M YoY, expects net loss $0.1-0.2M
SOLITRON DEVICES INC
- Fiscal Q4 2025 bookings surged to $8.9M from $2.2M YoY; full-year bookings $20.8M vs $12.8M.
- Backlog reached $18.1M as of Feb 28, 2025, up from $11.2M a year earlier and $12.3M on Nov 30, 2024.
- Preliminary Q4 revenue fell to $3.1M from $4.0M YoY on lower starting backlog and increased rework.
- Preliminary Q4 net loss expected $0.1-0.2M, including a $0.1M inventory reserve, due to lower revenue.