Welcome to our dedicated page for M Tron Ind news (Ticker: MPTI), a resource for investors and traders seeking the latest updates and insights on M Tron Ind stock.
M-Tron Industries Inc (MPTI) delivers mission-critical frequency control solutions for aerospace, defense systems, and space exploration technologies. This news hub provides authorized updates directly impacting the company's market position and technological advancements.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product certifications, and strategic partnerships. Our curated feed includes regulatory filings, R&D breakthroughs in spectrum control systems, and supply chain developments affecting high-reliability electronics manufacturing.
The repository features three core update types: financial disclosures detailing quarterly performance, engineering milestones in microwave component innovation, and operational updates impacting defense sector deliverables. All content undergoes verification against primary sources including SEC filings and official company communications.
Bookmark this page for structured access to MPTI's evolving role in next-generation avionics, satellite communications, and military-grade electronics. Cross-reference updates with market trends through our integrated analysis tools on Stock Titan.
M-tron Industries, Inc. (MPTI) announced an investor presentation through a live webcast on May 2, 2023, at 9:00 AM ET. The management team will discuss the company's operations and results, emphasizing MtronPTI's positioning for growth in its core markets. Interim Chairman Marc Gabelli expressed excitement for increased investor engagement and the chance to showcase current and future products. Interested parties can register for the webcast and submit questions for a Q&A session. An archived version will be available post-event on Mtron's Investor Relations page.
M-tron Industries, Inc. (MPTI) reported strong financial results for the fiscal year ending December 31, 2022, with revenues of $31.8 million, a 19.3% increase from the previous year. In Q4 2022, revenue reached $8.7 million, up 26.4% year-over-year. Net income for the year was $1.8 million, or $0.67 per share, compared to $1.6 million and $0.59 per share in 2021. The company reported a backlog of $46.2 million, up 57% from the prior year, indicating strong future demand driven by the recovering avionics and defense markets. Adjusted EBITDA rose to $4.0 million for the fiscal year.
M-tron Industries, Inc. (NYSE American: MPTI) announced that CEO Michael Ferrantino will present at the Sidoti January Virtual Investor Conference on January 19, 2023, at 10:00 AM Eastern Time. Investors can join the presentation through a live link. Additionally, MtronPTI will host virtual one-on-one meetings with investors on the same day, with free registration available via www.sidoti.com/events. Founded in 1965, MtronPTI specializes in high-reliability frequency and spectrum control products.
M-tron Industries, Inc. (MPTI) reported a 17.3% revenue increase to $8.4 million for Q3 2022 compared to the same period last year. Year-to-date revenue rose 16.8% to $23.2 million. The company’s net income for Q3 was $503,000 or $0.19 per share, down from $638,000 or $0.24 per share in Q3 2021. Backlog reached a record $44.1 million, up 49.7% year-over-year. Despite strong revenue growth, gross margin faced pressures, declining to 32.4% due to increased costs. MtronPTI became independent through a spin-off from LGL Group on October 7, 2022.
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