Trio-Tech Int'l (TRT) Reports Q1 EPS of $0.23

Trio-Tech Int'l (NYSE: TRT) reported Q1 EPS of $0.23, versus $0.00 reported last year. Revenue for the quarter came in at $10.2 million, versus $6.84 million reported last year.

CEO Comments

S.W. Yong, Trio-Tech's CEO, said, “The 49% growth in first quarter revenue, and the improvements in gross margin, operating and net income reflect higher order rates from customers across our operations, improved operating efficiency, firming prices for testing services and a favorable product mix. Our backlog remains strong, as we continue to benefit from our strategy of providing close-in product and testing services for our major customers. We remain optimistic regarding opportunities for the remainder of the fiscal year as we work to finalize a contract with our customer for testing and burn-in services related to a variety of semiconductor components with applications in computing and automotive electronics.”

For earnings history and earnings-related data on Trio-Tech Int'l (TRT) click here.

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