LGL Group ( (LGL) ) has released its Q1 earnings. Here is a breakdown of the information LGL Group presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The LGL Group, Inc. is a holding company engaged in services, merchant investment, and manufacturing business activities, primarily through its subsidiary Precise Time and Frequency, LLC, which designs high-performance Frequency and Time Reference Standards. In its latest earnings report for the quarter ended March 31, 2025, LGL Group reported total revenues of $918,000, a slight increase from $888,000 in the same period last year. Despite this revenue growth, the company experienced a net loss of $6,000 attributable to common stockholders, compared to a net income of $21,000 in the previous year. The Electronic Instruments segment, which includes products manufactured by PTF, contributed $498,000 to net sales, while the Merchant Investment segment generated $247,000 in net investment income. The company’s expenses rose slightly, with total expenses reaching $877,000, up from $809,000 in the previous year. Looking ahead, LGL Group remains focused on leveraging its core competencies in frequency and time reference standards while managing its investment portfolio to navigate the current economic landscape.