Welcome to our dedicated page for Interlink Electrs news (Ticker: LINK), a resource for investors and traders seeking the latest updates and insights on Interlink Electrs stock.
Interlink Electronics Inc. (LINK) delivers cutting-edge sensor solutions and printed electronics for industries ranging from automotive systems to environmental monitoring. This news hub provides investors and professionals with timely updates on the company developments shaping human-machine interface technologies and IoT innovation.
Access official press releases, financial disclosures, and strategic partnership announcements in one centralized location. Track updates across key areas including force-sensing resistor advancements, gas detection systems, and custom printed electronics solutions designed for mission-critical applications.
The repository features essential updates such as quarterly earnings reports, product launch details, manufacturing expansions, and R&D milestones. Content is curated to support informed analysis of the company’s position in sensor technology markets while adhering to financial compliance standards.
Bookmark this page for streamlined access to verified information about Interlink Electronics’ operational developments, leadership changes, and technology licensing agreements. Check regularly for insights into how the company’s innovations in materials science and embedded systems continue to impact global industries.
Interlink Electronics (Nasdaq: LINK) announced a 28% drop in Q2 2024 revenue to $2.9 million, largely due to lower shipments of traditional force-sensor and gas-sensor products. Revenue for the first half of 2024 decreased 18% to $6.0 million compared to H1 2023. Gross margin fell to 45.0% from 50.9% in Q2 2023, influenced by product mix changes. Net income/loss shifted to a loss of $307,000 compared to a net income of $381,000 in Q2 2023. Adjusted EBITDA dropped to ($80,000) from $579,000 in Q2 2023. Cost reduction initiatives aim for annual savings over $500,000 through workforce right-sizing and supplier changes. The company is expanding its operations, launching a new R&D center in Silicon Valley and planning a European sales office. Despite a slowdown in demand, the CEO emphasized ongoing strategic growth initiatives.
Interlink Electronics (NASDAQ: LINK) has announced the launch of new electrochemical gas sensors aimed at Outdoor Air Quality (OAQ) monitoring. These sensors, targeting key gases such as Nitrogen Dioxide, Carbon Monoxide, Sulphur Dioxide, and Ozone, will be showcased at the Sensors Converge Conference in Santa Clara on June 25-26. Designed to address air quality issues caused by wildfires, these sensors are noted for their ultra-low power operation, small size, and easy deployability. CEO Steven N. Bronson highlighted that this development is part of an SBIR R&D award from the US NOAA agency and aligns with the company’s commitment to environmental safety.
Interlink Electronics, Inc. (Nasdaq: LINK) reported financial results for Q1 2024, with revenue at $3.1 million, down 5% from the prior year due to lower shipments of traditional force-sensor and gas-sensor products. Gross margin decreased to 40.1% from 48.4% in the prior year. Net loss was $741,000 compared to $191,000 last year. The company is focusing on investments to support future growth.
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