Business
MTRN: Q1 2026 revenue fell 10.8% with a net loss, but order backlog surged 39% year-over-year
MTRN: Q1 2026 revenue fell 10.8% with a net loss, but order backlog surged 39% year-over-year
About this update from Maytronics Ltd.
First quarter 2026 saw a 10.8% revenue decline and a net loss due to supply constraints, tariffs, and currency effects, but order backlog rose 39% year-over-year. Q2 revenues are projected between NIS 425–465 million.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.