The LGL Group (LGL) Reports Q4 Loss Per Share of $0.05
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The LGL Group, Inc. Reports Full Year and Q4 2015 Financial Results
March 24, 2016 5:00 PM EDTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT: LGL) (the Company), announced results for the full year and quarter ended December 31, 2015.
Summary of 2015 Full-Year Financial Results:
Revenues of $20.7 million, a decrease of 10.0% compared to 2014 Gross margin of 33.1% compared to 2014 gross margin of 27.5% Net loss per share of ($0.27) compared to 2014 net loss per share of ($1.09) Adjusted EBITDA of $0.5 million, a year-over-year improvement of $1.6 million from 2014Total revenues for the year ended December 31, 2015, were $20,713,000, a decrease... More
