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Mar 31, 2024
M-Tron Industries Q1 2024 Earnings Report
M-Tron Industries reported revenue increase and improved gross margin in the first quarter of 2024.
Key Takeaways
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.
Revenues increased to $11,185,000 for the three months ended March 31, 2024.
Gross margin increased to 42.7% for the three months ended March 31, 2024.
Net income per diluted share increased to $0.53 for the three months ended March 31, 2024.
Adjusted EBITDA increased to $2,262,000 for the three months ended March 31, 2024.
Forward Guidance
MtronPTI will host an Investor Day on Wednesday May 8, 2024 at 10:00am ET to provide shareholders, analysts and other stakeholders with an in-depth look into MtronPTI's strategic direction, financial performance, and operational highlights.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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