The LGL Group (LGL) Reports Q4 Loss of $0.02/sh
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LGL Group Reports Fourth Quarter and Full Year 2020 Results
March 24, 2021 6:30 AM EDTORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. (the Company or LGL; NYSE American: LGL), announced its financial results for the year ended December 31, 2020
Results for the year reflect strong underlying fundamentals as Defense and Space Industry strength replaces the mix shifts from major declines in the Aerospace industry and COVID related supply chain disruptions Full year $31.2 million of revenue versus $31.9 million reported for 2019 Balance sheet and strategic positioning benefited from initiatives through an At the Money (ATM) offering and an announced SPAC business... More