Welcome to our dedicated page for Trio Tech Int news (Ticker: TRT), a resource for investors and traders seeking the latest updates and insights on Trio Tech Int stock.
Trio Tech International (TRT) provides critical semiconductor testing solutions and manufacturing equipment across global markets. This news hub offers investors and industry professionals centralized access to official company updates and press releases.
Track developments across TRT's core operational segments: manufacturing innovations in testing equipment, expansion of semiconductor burn-in services, strategic equipment distribution partnerships, and real estate investments supporting production infrastructure. Our curated news collection ensures timely updates on earnings reports, technology advancements, and market positioning in the semiconductor sector.
All content undergoes rigorous verification to maintain accuracy and relevance for stakeholders. Bookmark this page for direct access to TRT's latest business milestones, regulatory filings, and service expansions without speculative commentary or investment recommendations.
Trio-Tech International (NYSE MKT: TRT) has secured a significant mass production order for components of a next-generation point-of-sale (POS) system designed for the hospitality industry. The company will manufacture key components including advanced LCD touchscreen displays for their long-standing customer's third-generation POS system.
The components are specifically engineered to enhance operational efficiency, speed up transaction processing, and provide a user-friendly experience for businesses in the hospitality sector, including hotel chains, restaurants, and supermarkets. This marks Trio-Tech's continued involvement in all three generations of the customer's POS systems, demonstrating their ongoing role as a trusted supplier of customized electronic components.
Trio-Tech International (NYSE MKT: TRT) reported fiscal 2025 second quarter results and announced shipments of dynamic tester systems for Silicon Carbide (SiC) and GaN power modules. Q2 financial highlights include:
- Revenue of $8.6M (vs $12.2M year ago)
- Gross margin of 26% (vs 23% year ago)
- Net income of $507,000 ($0.12 per diluted share)
- Cash position of $10.3M as of December 31, 2024
The company is targeting suppliers of power modules and inverters to automotive manufacturers, power semiconductor manufacturers, and third-party testing laboratories. Despite current market softness, management highlighted progress in SiC and GaN markets, emphasizing these materials' advantages in efficiency, power density, and thermal tolerance for applications in industrial power systems, electric vehicles, and AI computing.
Trio-Tech International (NYSE MKT: TRT), a semiconductor back-end solutions provider and electronic equipment supplier, has appointed PondelWilkinson Inc. as its new investor relations firm. The engagement aims to enhance communication with shareholders, analysts, and the investment community.
The partnership, led by Todd Kehrli and Jim Byers at PondelWilkinson, is part of Trio-Tech's strategy to support growth initiatives and ensure transparent communication about its financial performance, business strategies, and market opportunities. With over 60 years of leadership in the semiconductor industry, Trio-Tech seeks to strengthen its financial position and expand market reach through this collaboration.
Trio-Tech International (NYSE MKT: TRT) reported financial results for Q1 FY2025, showing an operating profit of $133,000 compared to a $1,000 loss in Q1 FY2024. Revenue decreased to $9.8 million from $10 million, primarily due to reduced semiconductor services demand. The company reported a net loss of $236,000 ($0.06 per share), largely due to currency exchange losses. Gross margin was 24% compared to 25% last year. Operating expenses decreased 13% to $2.2 million through cost reduction efforts. Cash position stood at $8.9 million, with shareholders' equity increasing to $33.4 million ($7.87 per share).
Trio-Tech International (NYSE MKT: TRT) reported improved financial results for Q4 and fiscal year 2024. Q4 revenue increased 7% to $9,746,000, with a 178% increase in operating income to $358,000. Net income rose to $243,000 ($0.06 per diluted share), up from $162,000 ($0.04 per diluted share) in Q4 2023. For fiscal 2024, total revenue decreased 2% to $42,312,000, but distribution and manufacturing segments saw growth. Net income for fiscal 2024 was $1,050,000 ($0.24 per diluted share), compared to $1,544,000 ($0.37 per diluted share) in 2023. The company's strategy focuses on growing manufacturing and distribution segments, with increased sales efforts and new product introductions. Cash and cash equivalents increased to $10,035,000, and shareholders' equity rose to $31,578,000 ($7.43 per outstanding share).
Trio-Tech International (NYSE MKT: TRT) reported improved financial results for the third quarter of fiscal 2024. Total revenue increased by 6% to $10,398,000, with significant growth in the manufacturing and distribution segments. Net income attributable to Trio-Tech International Common Shareholders for the quarter was $70,000, or $0.02 per diluted share. The company's CEO highlighted higher capital spending, increased backlog, and strong demand in key markets as key contributors to the positive results.
FAQ
What is the current stock price of Trio Tech Int (TRT)?
What is the market cap of Trio Tech Int (TRT)?
