The LGL Group (LGL) Reports Q2 EPS of $0.10

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The LGL Group, Inc. Reports Q2 2018 Financial Results

August 9, 2018 4:00 PM EDT

ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE American: LGL) (the Company or LGL), announced its financial results for the three and six months ended June 30, 2018.

Summary of Q2 2018 Financial Results:

Revenues of $6.2 million, up 5.1% compared to Q2 2017 of $5.9 million Net income of $0.10 per share, compared to $0.01 for the prior year quarter Order backlog improved 33.1% to $14.5 million at June 30, 2018 from $10.9 million at June 30, 2017 Adjusted EBITDA was $616,000, or $0.13 per share on a diluted basis, compared to $234,000,... More