Strong Revenue Growth
Fiscal second quarter net sales grew 17% to $18.9 million year over year.
Improved Profitability
Gross profit margin increased to 31.5%, exceeding the target goal of 30%.
Positive Operating Income
The company delivered an operating profit of $106,000 versus an operating loss of $415,000 in the second quarter of 2024.
Significant Backlog Increase
Backlog increased to $18.4 million, a big increase from six weeks ago.
Innovative Product Launches
Launched a next-gen direct air cooling system with advanced control capabilities and a NEMA four certification.
Expansion into Diverse Markets
Growth driven by wireless, aerospace, public safety, industrial OEM customers, and new markets like energy, transportation, and telecom.
Strong Adjusted EBITDA Growth
Adjusted EBITDA was more than $1.1 million, a significant improvement compared to $572,000 in Q2 2024.