Trio-Tech Q2 net income $0.20/share, up 264% YoY; revenue up 33% to $10.9M

TRIO-TECH INTERNATIONAL

2022-Q2 EPS reported $0.43 revenue$21,093,000

Diluted EPS $0.20 vs $0.06; net income $855K vs $235K YoY.
Revenue $10.922M, +33% YoY; testing services +39%, distribution +127%.
Operating income $656K vs operating loss of $37K in prior year.
Shareholders' equity $27.82M ($7.06/share) vs $26.05M at June 30, 2021.
CEO notes Q3 typically weakest quarter; joint venture in Jiangsu ready for volume production in Q4.

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