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ZTEST Electronics ( (TSE:ZTE) ) has shared an announcement.
ZTEST Electronics Inc. reported a 9.7% decrease in Q1 2026 revenues compared to the previous year, with gross margins and net income also seeing declines. Despite these results, the company remains optimistic about future growth, citing increased orders for new boards and a significant rise in inventory values as indicators of returning market confidence. The company is focused on leveraging the recovering market while managing business risks, as evidenced by growth in cash, working capital, and consistent gross margins.
Spark’s Take on TSE:ZTE Stock
According to Spark, TipRanks’ AI Analyst, TSE:ZTE is a Outperform.
ZTEST Electronics shows strong financial performance with robust profitability and low leverage, which supports a solid foundation for growth. However, technical analysis indicates bearish sentiment, potentially affecting short-term stock performance. Valuation metrics show the stock is undervalued, offering opportunities for long-term investors. Corporate events reveal a mixed impact with positive developments like share buybacks and strategic reviews, offset by recent revenue declines.
To see Spark’s full report on TSE:ZTE stock, click here.
More about ZTEST Electronics
ZTEST Electronics Inc., through its wholly owned subsidiary Permatech Electronics Corporation, offers Electronic Manufacturing Services (EMS) including Printed Circuit Board (PCB) Assembly, Materials Management, and Testing services. Operating from an ISO 9001:2015 certified facility in North York, Ontario, Canada, Permatech serves a diverse range of markets such as Medical, Power, Computer, Telecommunications, Wireless, Industrial, Trucking, Wearables, and Consumer Electronics, specializing in high yield, high quality, and rapid-turnaround production of complex circuit boards.
YTD Price Performance: -39.53%
Average Trading Volume: 100,014
Technical Sentiment Signal: Sell
Current Market Cap: C$9.56M
For an in-depth examination of ZTE stock, go to TipRanks’ Overview page.