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-0.00161415675255588 -0.00161415675255588 0.00682861375155261 0.00404535581196059 0.00110931760360816 -0.0354915206950839 -0.050769547571126 -0.0576778727672494
Stock impact report

The LGL Group, Inc. Pre-Announces Q4 and 2019 Annual Revenues and Backlog and Sets the Date for its 2019 Annual Earnings Conference Call

LGL Group, Inc. (The) (LGL) 
NASDAQ:AMEX Investor Relations: lglgroup.com/content/investor-relations
Company Research Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--Flash report: The Company’s Q4 and 2019 Annual Revenues and Backlog are as follows:Revenues for the fourth quarter of 2019 are expected to be approximately $8.8 million vs. $6.4 million reported for the fourth quarter of 2018, and up slightly from revenues of $8.6 million reported in the third quarter of 2019. Annual Revenues for 2019 are expected to be approximately $31.9 million vs. $24.9 million reported for 2018, an increase of $7.0 million, or 28%.Backlog is anticipated to be around $21.9 million as of the fourth quarter of 2019 vs. $17.5 million for the fourth quarter of 2018. Backlog was $23.3 million for the third quarter of 2019.The Company’s Chairman of the Board, Marc Gabelli, said, “Our results for 2019 are a testament to the business transformation that continues. We thank all of our professional staff, who continue to build and support the business, for their dedication to our customers. We welcome to the team Bill Drafts who joined us Show less Read more
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