The LGL Group (LGL) Reports Q3 EPS of $0.91
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The LGL Group, Inc. Reports Q3 2019 Financial Results, Confirms Investment in SPAC
November 12, 2019 4:01 PM ESTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (NYSE American: LGL) (the Company or LGL), announced its financial results for the three and nine months ended September 30, 2019.
Summary of Q3 2019 Financial Results:
Revenues of $8.6 million, up 35.5% compared to Q3 2018 of $6.3 million Diluted net income of $0.91 per share, compared to $0.10 per share for the prior year quarter Order backlog improved 45.0% to $23.3 million at September 30, 2019 from $16.1 million at September 30, 2018 Net income of $6.1 million for the year-to-date period and $4.5 million for Q3, 2019 included $3.3 million... More