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M-tron Industries Beats Q3 Earnings and Revenue Estimates

Earnings Whispers · ·by G4L

MPTI
MPTI M-tron Industries Inc
$64.43 -5.08%
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  1. 1M-tron Industries reported Q3 earnings per share of $0.70, exceeding the consensus estimate of $0.51.
  2. 2M-tron Industries' Q3 revenue of $15.74 million beat expectations by 2.2%.
  3. 3The avionics sector is weakening due to Boeing's 5% workforce reduction.

So what's the key point?

M-tron Industries earned more money than experts expected. Although the avionics sector is weakening, the company made a profit of $0.70.

Source Earnings Whispers · View original ↗

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