M-tron Industries, Inc. Reports Strong Third Quarter 2024 Results with Revenue and Earnings per Share Above Expectations
M-tron Industries, Inc. (MPTI)
Company Research
Source: Business Wire
Revenues increased 21.4%, or $2,326,000, to $13,214,000 for the three months ended September 30, 2024 from $10,888,000 for the three months ended September 30, 2023Gross margin increased 500 basis points to 47.8% for the three months ended September 30, 2024 from 42.8% for the three months ended September 30, 2023Net income per diluted share increased 42.1%, or $0.24, to $0.81 for the three months ended September 30, 2024 from $0.57 for the three months ended September 30, 2023MtronPTI anticipates a strong performance in Q4 2024 and expects to exceed its prior guidance for FY 2024 ORLANDO, Fla.--(BUSINESS WIRE)--M-tron Industries, Inc. (NYSE American: MPTI) ("MtronPTI" or the "Company"), a designer and manufacturer of highly-engineered electronic components and solutions used to control the frequency or timing of signals in electronic circuits, announced strong financial results for the three and nine months ended September 30, 2024."We are pleased to report continued strength in M
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News
- M-tron Industries Q3 Earnings & Revenues Beat, Margins Up Y/Y [Yahoo! Finance]Yahoo! Finance
- M-tron Industries, Inc. Reports Strong Third Quarter 2024 Results with Revenue and Earnings per Share Above Expectations [Yahoo! Finance]Yahoo! Finance
- M-tron Industries, Inc. Announces Third Quarter Conference Call [Yahoo! Finance]Yahoo! Finance
- M-tron Industries, Inc. Announces Third Quarter Conference CallBusiness Wire
- M-tron Industries, Inc. (MPTI): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
MPTI
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 4
- 11/15/24 - Form SC
- MPTI's page on the SEC website