Business
M-tron Industries, Inc. Reports First Quarter 2025 Results
M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a designer and manufacturer of highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits, announced its financial results for the three months ended March 31, 2025.
About this update from M-tron Industries, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Revenues increased 13.8%, or $1.5 million, to $12.7 million for the three months ended March 31, 2025 from $11.2 million for the three months ended March 31, 2024","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income per diluted share increased $0.03 to $0.56 for the three months ended March 31, 2025 from $0.53 for the three months ended March 31, 2024","length":148,"tagName":"p"}]},{"val":[{"type":"text","content":"Backlog increased $9.4 million, or 20.3%, to $55.5 million as of March 31, 2025 from $46.1 million as of March 31, 2024","length":119,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":429,"olType":false},{"type":"text","content":"ORLANDO, Fla., May 13, 2025 /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a designer and manufacturer of highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits, announced its financial results for the three months ended March 31, 2025.","length":363,"tagName":"p"},{"type":"image","alt":"Mtron Logo","displaySize":"","headline":null,"caption":"Mtron Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":152,"url":"https://media.zenfs.com/en/prnewswire.com/1c8835a03e0649792945aba7ec2356fd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g1CqDKgOSJd_1_yn9QKMIg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI2ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1c8835a03e0649792945aba7ec2356fd","width":400,"height":152}},"href":"https://mma.prnewswire.com/media/2686424/Mtron_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Mtron delivered another quarter of revenue growth driven by healthy demand across our existing portfolio and the successful introduction of new products," said Cameron Pforr, Mtron Interim Chief Executive Officer. "Our backlog increased significantly during the period and we remain focused on delivering innovative products that strengthen our market position and create sustained value for our stockholders."","length":441,"tagName":"p"},{"type":"text","content":""We also successfully completed the distribution of the previously announced dividend of warrants on April 25, 2025, reflecting our ongoi...