The LGL Group (LGL) Reports Q3 EPS of $0.04
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The LGL Group, Inc. Reports Q1 2017 Financial Results
May 11, 2017 8:00 AM EDTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT: LGL) (the Company or LGL), announced results for the quarter ended March 31, 2017.
Summary of Q1 2017 Financial Results:
Revenues of $5.6 million, up 18.3% compared to Q1 2016 Net income of $0.04 per share compared to a net loss of ($0.05) per share in Q1 2016 Order backlog improved 21% to $10.9 million at March 31, 2017 from $9.0 million at March 31, 2016 Adjusted EBITDA(1) was $0.12 per share, compared to $0.01 per share for Q1 2016... More
