1 min read
Add as a preferred source on Google

Solitron Devices Posts $0.60 GAAP EPS on $5.66 Million Q2 Revenue

Second-quarter revenue rose 41.9% from a year earlier as the company posted positive GAAP earnings per share.

Industrial electronic component resting on a brushed metal pedestal / TokenPost.ai
Industrial electronic component resting on a brushed metal pedestal / TokenPost.ai

Solitron Devices posted second-quarter GAAP earnings per share of $0.60 on revenue of $5.66 million, with sales rising 41.9% from the year-earlier period.

The company delivered positive earnings under generally accepted accounting principles during the quarter. Revenue growth accompanied the reported per-share profit.

The results provide Solitron Devices’ latest quarterly snapshot of sales and GAAP earnings.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…