Reports Q2 revenue $75.2M vs. $77.36M last year. CEO Ziv Shoshani commented, “We were pleased with the positive sequential trends in the quarter, which reflected a moderately improved business climate. Second quarter sales grew 4.8% sequentially, and total orders of $79.9M grew 7.5% sequentially, our third consecutive quarter of order growth. This resulted in a book-to-bill of 1.06, as our Measurement Systems and Sensors reporting segments recorded book-to-bill ratios of 1.20 and 1.12, respectively. Compared to Q1 of 2025, we improved our adjusted gross margin, adjusted operating margin, and adjusted EBITDA, despite a $500K negative impact from tariffs. This performance reflected a record quarterly gross margin for our Weighing Solutions segment. In July 2025, we completed the sale of a building as part of our ongoing cost reduction and efficiency initiatives, and we used the $10.8M in net proceeds to pay down our outstanding bank revolver balance, which is expected to save approximately $700K in annual interest expense.”
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