earnings
confidence high
sentiment positive
materiality 0.65
Solitron Devices Q3 fiscal 2026: revenue +49%, EPS $0.31, backlog +124% to $27.5M
SOLITRON DEVICES INC
- Q3 net sales $5.02M (+49% YoY); net income $0.65M ($0.31 per share) vs $0.27M ($0.13) YoY.
- Net bookings surged 73% to $13.91M; backlog rose 124% to $27.48M, driven by AMRAAM Lot 39 order.
- Nine-month revenue up 7% to $11.71M but net income fell to $0.08M ($0.04/share) from $0.87M ($0.42) due to higher costs and $344K stock grant.
- Q3 gross margin improved to 34.3% from 29.7% YoY; nine-month margin declined to 25.2% from 31.3% on tariffs and material costs.