Trio-Tech Fourth Quarter Net Income Improves to $0.06 from $0.04 Per Diluted Share
Trio-Tech International (TRT)
NASDAQ:AMEX Investor Relations:
triotech.com/ind_rel.htm
Company Research
Source: Business Wire
VAN NUYS, Calif.--(BUSINESS WIRE)--Trio-Tech International (NYSE MKT: TRT) today announced financial results for the fourth quarter and fiscal year ended June 30, 2024.Fourth Quarter ResultsFor the three months ended June 30, 2024 revenue increased 7% to $9,746,000 from $9,079,000 for the fourth quarter of fiscal 2023, reflecting a 60% increase in manufacturing revenue, a 30% increase in distribution revenue, and a 20% decrease in testing services revenue.Gross margin increased 17% to $2,685,000, or 28% of revenue, from $2,290,000, or 25% of revenue, for the same quarter last year. Income from operations increased 178% to $358,000 compared to $129,000 for the fourth quarter of fiscal 2023.Net income for the fourth quarter of fiscal 2024 increased to $243,000, or $0.06 per diluted share, compared to $162,000, or $0.04 per diluted share, for last year’s fourth quarter.S.W. Yong, Chairman & CEO said, “Trio-Tech’s strategy to focus on opportunities to grow our manufacturing and distri
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News
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech GAAP EPS of -$0.06, revenue of $9.79M [Seeking Alpha]Seeking Alpha
TRT
Sec Filings
- 12/12/24 - Form 8-K
- 12/11/24 - Form 8-K
- 11/12/24 - Form 8-K
- TRT's page on the SEC website