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LGL Group's Q1 revenue rises 18%, net loss widens

ReutersMay 11, 2026 8:58 PM
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Overview

  • US holding company's Q1 revenue rose 18% yr/yr on higher Electronic Instruments shipments

  • Net loss widened sharply, driven by stock-based compensation and higher material costs

  • Order backlog jumped 144% from year-end, signaling increased demand


Outlook

  • Company did not provide specific financial guidance for future periods


Result Drivers

  • ELECTRONIC INSTRUMENTS SHIPMENTS - Revenue growth was mainly due to higher shipments in the Electronic Instruments segment

  • STOCK-BASED COMPENSATION - Net loss widened primarily due to non-cash incentive stock-based compensation granted to officers in January 2026

  • HIGHER MATERIAL COSTS - Gross margin declined due to higher costs of materials and components


Company press release: ID:nNFCbN1ngF


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Net Income

-$622,000

Q1 Pretax Profit

-$785,000


Analyst Coverage

  • Wall Street's median 12-month price target for LGL Group Inc is $10.00, about 39.7% above its May 11 closing price of $7.16


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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