NYSE$MPTI
M-Tron Industries Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported a revenue increase driven by strong defense product shipments and improved profitability.
M-tron Industries reported a 29.4% increase in revenue for the third quarter of 2023, driven by strong defense product shipments. The company's profitability also improved, with adjusted EBITDA increasing to $2.3 million compared to $0.9 million in the same period last year.
- Revenue increased by 29.4% to $10.9 million compared to the prior year period.
- Basic and diluted net income per share increased to $0.59 and $0.57, respectively, compared to $0.19 per share for the prior year quarter.
- Backlog increased by 14.1% to $50.3 million compared to the prior year.
- Adjusted EBITDA increased to $2.3 million versus $0.9 million for the comparable prior year period.
Headline financials
Revenue & EPS history
M-Tron Industries · Revenue · Quarterly
$10.9M
Forward guidance
MtronPTI's CEO, Michael Ferrantino and CFO, James Tivy will host an earnings call on Thursday, November 16, 2023 at 10:30am EST to discuss our Q3, 2023 earnings and respond to investor questions directly.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2023
+3.1%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+12.5%
Avg return
30 days after
62%
13 / 21 earnings
Positive
+27.9%
Q2 2023
Best reaction
-25.9%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -1.0% | +0.2% | — | |
| Q1 2026 | -0.2% | +4.6% | +32.8% | |
| Q3 2025 | -6.5% | -11.8% | +0.8% | |
| Q2 2025 | -10.6% | -8.0% | +1.0% | |
| Q1 2025 | -15.8% | -18.8% | -24.0% | |
| Q4 2024 | +5.3% | +9.7% | +38.3% | |
| Q3 2024 | +10.0% | +0.0% | +11.1% | |
| Q2 2024 | +9.8% | +11.3% | +12.9% | |
| Q1 2024 | +5.8% | +4.1% | +27.5% | |
| Q4 2023 | -25.9% | -25.1% | -31.4% | |
| Q3 2023 | +9.8% | +29.0% | +4.9% | |
| Q2 2022 | +27.9% | +26.0% | +79.5% | |
| Q2 2023 | +27.9% | +26.0% | +79.5% | |
| Q1 2022 | -1.0% | -1.3% | -1.3% | |
| Q1 2023 | -1.0% | -1.3% | -1.3% | |
| Q4 2022 | +7.5% | +3.0% | +17.4% | |
| Q2 2021 | +7.5% | +3.0% | +17.4% | |
| Q1 2021 | +7.5% | +3.0% | +17.4% | |
| Q4 2021 | +2.5% | -1.5% | -10.7% | |
| Q3 2021 | +2.5% | -1.5% | -10.7% | |
| Q3 2022 | +2.5% | -1.5% | -10.7% |
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