Solitron Devices, Inc. Announces Fiscal 2027 First Quarter Results
Solitron Devices reported fiscal Q1 net sales of $5.44 million, up 101% year-over-year, swinging to a net profit of $0.99 million or $0.46 per share compared to a loss last year. Despite the revenue surge, net bookings decreased 48% to $1.45 million, while backlog grew 28% to $23.34 million; a post-quarter order of $5.04 million further boosts the total backlog to nearly $27 million.
Key figures
- Eps
- 0.46
- Revenue
- 5436000
- Revenue Yoy
- 101%
- Backlog
- 23340000
- Net income
- 990000
- Net bookings
- 1450000
- Operating income
- 1535000
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