The LGL Group (LGL) Reports Q1 EPS of $0.11
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The LGL Group, Inc. Reports Q1 2019 Financial Results
May 8, 2019 4:01 PM EDTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE American: LGL) (the Company or LGL), announced its financial results for the three months ended March31, 2019.
Summary of Q1 2019 Financial Results:
Revenues of $6.6 million, up 11.6% compared to Q1 2018 of $5.9 million Net income of $0.12 per share, compared to $0.04 per share for the prior year quarter Order backlog improved 60.2% to $21.3 million at March31, 2019 from $13.3 million at March31, 2018 Adjusted EBITDA was $566,000, or $0.11 per share on a diluted basis, compared to $307,000, or... More