LGL Group reports Q1 net loss of $6k; revenues up slightly to $918k

LGL GROUP INC

2025-Q1 EPS reported $0.00 revenue$918,000

Net loss available to common stockholders of $6k vs profit of $21k in Q1 2024.
Revenues increased $30k to $918k; gross margin improved to 52.4% from 48.0%.
Cash and marketable securities $42.0M; backlog $295k down from $336k.
Directors Ferrantino and Foufas not standing for re-election at June 2 annual meeting.
P3 Logistic Solutions edge AI contract development; Morgan Group deal expected close Q2.

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