Interlink Electronics Q1 revenue rises 15% on force-sensing product shipments
Interlink Electronics, Inc. LINK | 0.00 |
Overview
US sensor technology firm's Q1 revenue grew 15% yr/yr, driven by force-sensing product shipments
Net loss for Q1 narrowed, reflecting higher revenue and gross profit
Company announced letter of intent to acquire manufacturing solutions provider for mission-critical sectors
Outlook
Company expects initial production of electrodes for test strips later in 2026, pending clinical trials
Company plans to open new R&D and production facility in South Yorkshire, England in July
Result Drivers
FORCE-SENSING AND PRINTED ELECTRONICS SHIPMENTS - Co said higher shipments of force-sensing and printed electronics products drove revenue growth
PRODUCT MIX - Co attributed higher gross margin to increased revenue and changes in the mix of products and services
GAS-SENSOR SALES - Lower sales of gas-sensor products partially offset overall revenue gains
Company press release: ID:nGNX1tPXlm
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Revenue |
|
$3.07 mln |
|
Q1 EPS |
|
-$0.02 |
|
Q1 Net Income |
|
-$338,000 |
|
Q1 Gross Margin |
|
43.50% |
|
Q1 Income from Operations |
|
-$450,000 |
|
Q1 Operating Expenses |
|
$1.79 mln |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.