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Stock impact report

Trio-Tech Reports $133,000 Operating Profit in First Quarter 2025 Financial Results

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), a comprehensive provider of semi-conductor back-end solutions and a global value-added supplier of electronic equipment, today announced financial results for the first quarter of fiscal 2025.First Quarter 2025 Financial ResultsIncome from operations was $133,000 compared to a loss from operations of $1,000 for the first quarter of fiscal 2024.Revenue was $9,799,000 compared to $9,966,000 in the first quarter of fiscal 2024. The reduction was principally the result of reduced demand for semiconductor services.Gross margin was $2,322,000, or 24% of revenue compared to gross margin of $2,520,000, or 25% of revenue, for the first quarter of fiscal 2024.Reflecting ongoing cost reduction efforts, General and administrative expenses decreased to $1,964,000, or 20% of revenue, from $2,158,000, or 22% of revenue, last year. Together with reduced selling expenses, total operating expenses fell 13% to $2,189,000, or Show less Read more
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