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M-tron Industries Inc (MPTI)
:MPTI
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.5Last Year’s EPS
0.03Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 30, 2023
|% Change Since: 3.13%
|Next Earnings Date:Nov 14, 2022
Earnings Call Sentiment|Positive
The earnings call reflected a strongly positive sentiment, highlighting significant revenue growth, improved margins, and increased net income. Although there was a noted decrease in backlog, the company's raised revenue guidance and robust performance in defense-related sales underscore a positive outlook.Company Guidance
During the MtronPTI Q3 2024 earnings call, the company provided an optimistic outlook for the fiscal year, driven by strong financial performance and increased demand in defense-related markets. Total revenues for the third quarter reached $13.2 million, marking a 21.4% increase over the same period last year, while gross margins improved by 500 basis points to 47.8%. Net income per diluted share rose to $0.81, a 42.1% increase from Q3 2023. Adjusted EBITDA also saw a substantial rise, reaching $3.3 million, indicating a 41.4% year-over-year growth. Despite a decrease in backlog from $50.3 million to $39.7 million, the company anticipates a significant order before year-end. MtronPTI revised its 2024 revenue guidance upwards to a range of $46 million to $48 million and expects to maintain an EBITDA margin between 19% and 21%. The company remains focused on strategic investments in R&D and potential acquisitions in the RF components and subsystem space, aiming for continued growth and expansion into new markets.Revenue Growth
Total revenues for Q3 2024 were $13.2 million, a 21.4% increase over the same period last year, driven by strong defense program product and solution shipments.
Improved Gross Margins
Gross margins for Q3 2024 were 47.8%, a 500 basis point improvement over the 42.8% gross margins of Q3 2023.
Increased Net Income
Net income per diluted share was $0.81, a 42.1% increase over the prior year's Q3 of $0.57 per share.
Adjusted EBITDA Growth
Adjusted EBITDA was $3.3 million for the three months ending September 30, 2024, marking a 41.4% increase over the $2.3 million of adjusted EBITDA for Q3 2023.
Raised Revenue Guidance
The revenue outlook for 2024 was raised to a range of $46 million to $48 million, up from the previous range of $43 million to $45 million.
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MPTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $53.74 | $59.82 | +11.31% |
| Aug 14, 2024 | $31.89 | $35.42 | +11.07% |
| May 07, 2024 | $29.17 | $29.10 | -0.24% |
| Mar 25, 2024 | $39.01 | $29.71 | -23.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does M-tron Industries Inc (MPTI) report earnings?
M-tron Industries Inc (MPTI) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is M-tron Industries Inc (MPTI) earnings time?
M-tron Industries Inc (MPTI) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MPTI EPS forecast?
MPTI EPS forecast for the fiscal quarter 2024 (Q4) is 0.5.
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