Solitron Devices, Inc. Announces Fiscal 2025 Second Quarter Results
SOLITRON DEVICES INC (SODI)
NASDAQ:AMEX Investor Relations:
solitrondevices.com/investors
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Solitron Devices, Inc. (OTC Pink: SODI) (“Solitron” or the “Company”) is pleased to announce fiscal 2025 second quarter results. FISCAL 2025 SECOND QUARTER HIGHLIGHTS Net sales increased 39% to approximately $3.58 million versus $2.58 million in the prior year period.Net bookings decreased 21% to $1.75 million versus $2.23 million in the prior year period.Backlog decreased 14% to $7.57 million at the end of the fiscal 2025 second quarter as compared to $8.79 million at the end of the fiscal 2024 second quarter.Net income decreased to $0.02 million, or $0.01 per share, in the fiscal 2025 second quarter versus net income of $0.20 million, or $0.10 per share, in the fiscal 2024 second quarter. This is our fourth quarter since we closed the acquisition of Micro Engineering (MEI). Thus far we are pleased with the results. We continue the process of integration of systems and are excited about the potential to expand our relation
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Sec Filings
- 10/16/24 - Form 144
- 10/15/24 - Form 10-Q
- 10/15/24 - Form 8-K
- SODI's page on the SEC website