M-Tron Industries Earnings Reports

M-Tron delivered $12.7 million in revenue for Q1 2025, fueled by robust defense product shipments and new product introductions. Despite tariff impacts and higher operating expenses, net income rose to $1.6 million, and backlog surged to $55.5 million.

M-tron Industries reported a strong Q3 2024, with revenues increasing by 21.4% to $13,214,000 and net income per diluted share increasing by 42.1% to $0.81. The company's performance was driven by defense-related orders and improved operating efficiencies, leading to strategic investments in research and development.

M-tron Industries reported a strong second quarter with a 16.4% increase in revenues and a 36.6% increase in net income compared to Q2 2023. The company's gross margin also improved, driven by higher revenues, improved production efficiencies, and a shift to higher margin products. Management has raised the outlook for fiscal year 2024, increasing revenues to a range of $46.0 million to $48.0 million.

M-Tron Industries reported a revenue increase of $1,818,000 to $11,185,000 for Q1 2024, with net income per diluted share increasing to $0.53 from $0.20 in Q1 2023. The company's gross margin also improved to 42.7% from 34.1% in the same period last year.

M-tron Industries reported a strong increase in annual revenue and improved gross margins for fiscal year 2023. However, the fourth quarter results were impacted by a one-time stock option grant to employees.

M-tron Industries reported a 29.4% increase in revenue for the third quarter of 2023, driven by strong defense product shipments. The company's profitability also improved, with adjusted EBITDA increasing to $2.3 million compared to $0.9 million in the same period last year.