M-Tron Industries saw revenue growth in Q2 2025 driven by strong defense program shipments. Although gross margin declined, the company maintained profitability and significantly increased its backlog, signaling continued momentum into the second half of the year.
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, Inc. announced robust financial results for Q4 2024, with revenues increasing by 18.9% to $12.8 million and net income per diluted share soaring by 2,333.3% to $0.73. The company also reported record full fiscal year revenues, gross margins, and earnings, driven by strong defense program product and solution shipments.
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.