Solitron Devices, Inc. Announces Fiscal 2027 Second Quarter Results
Solitron Devices reported fiscal 2027 Q2 net sales of $5.66 million, up 42% year-over-year, with net income of $1.30 million or $0.60 per share versus a $0.11 per-share loss a year earlier. Net bookings rose 48% to $6.42 million and backlog hit a record $24.11 million, up 29% YoY; management expects sales to hold at this level or higher for the rest of fiscal 2027.
Key figures
- Eps
- 0.6
- Revenue
- 5657000
- Guidance
- sales to continue to be at this level or greater for the remainder of the 2027 fiscal year
- Revenue Yoy
- 42%
- Backlog
- 24110000
- Net income
- 1298000
- Backlog yoy
- 29%
- Bookings yoy
- 48%
- Gross profit
- 2748000
- Net bookings
- 6420000
- Operating income
- 1715000
- Six month net sales
- 11093000
- Six month net income
- 2288000
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