The LGL Group (LGL) Reports Prelim Q4 Revenues of $7.2M-$7.4M

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The LGL Group, Inc. Pre-Announces Q4 2021 Revenues, Backlog, Cash and Marketable Securities, Updates its MtronPTI Spin-Off Progress, and Sets the Date for its Q4, 2021 Earnings Release and Conference

February 14, 2022 6:30 AM EST

ORLANDO, Fla.--(BUSINESS WIRE)-- The LGL Group, Inc. pre-announces Q4 2021 revenues, backlog, cash and marketable securities and updates its MtronPTI spin-off progress and sets the date for its Q4 2021 earnings conference call.

Flash report: The Companys Q4 2021 revenues, backlog, cash and marketable securities and other highlights are as follows:

Revenues for the fourth quarter 2021 are expected to be approximately $7.2 million vs. $7.4 million for the fourth quarter of 2020 and vs. $7.5 million in revenue against the third quarter 2021 sequentially. Revenue for the full year 2021 is expected to be approximately $28.1 million vs. 2020 revenues of $31.2 million,... More