M-Tron Industries reports backlog $45.3M as of June 30

Backlog was $45,322,000 as of June 30, compared to $47,831,000 as of December 31, 2023 and $51,591,000 as of June 30, 2023. The decrease in Backlog from December 31, 2023 reflects the increase in revenues along with the variability of our order intake due to the size and timing of large program-related orders