The LGL Group (LGL) Reports Q4 EPS of $0.05
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The LGL Group, Inc. Reports Full Year and Q4 2018 Financial Results
March 13, 2019 4:01 PM EDTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE MKT: LGL) (the Company or LGL), announced its financial results for the full year and quarter ended December31, 2018.
Summary of 2018 Full-Year Financial Results:
Revenues of $24.9 million, up 11.0% compared to 2017 Net income of $0.30 per share compared to a net income of $0.04 per share in 2017 Order backlog improved 49.5% to $17.5 million at December31, 2018 from $11.7 million at December31, 2017 Adjusted EBITDA was $1,917,000, or $0.39 per share on a diluted basis, compared to $1,041,000, or $0.34 per share on a diluted basis for 2017... More