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Stock impact report

M-tron Industries Q3 Earnings & Revenues Beat, Margins Up Y/Y [Yahoo! Finance]

M-tron Industries, Inc. (MPTI) 
Company Research Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Shares of this designer and manufacturer of highly-engineered electronic components and solutions provider gained 4.2% in the after-hours trading session on Wednesday. Investors' sentiments might have been boosted after MPTI noted that it anticipates a strong performance in the fourth quarter and expects to exceed its prior guidance for 2024. M-tron Industries reported adjusted earnings per share (EPS) of 81 cents, which surpassed the consensus estimate of 54 cents by 50%. The reported figure increased 42.1% from 57 cents reported in the year-ago quarter. The upside was backed by continued strong defense program product and solution shipments. M-tron Industries, Inc. price-consensus-eps-surprise-chart | M-tron Industries, Inc. Quote Quarterly revenues of $13.2 million beat the consensus mark of $12.2 million by 8.3%. The reported figure increased 21.4% from the year-ago quarter's $10.9 million, driven by Show less Read more
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