Solitron Devices FY26 net income slips to $807,000; net sales rise 21% to $16.97 million
SOLITRON DEVICES INC SODI | 0.00 |
- Solitron Devices posted net income of USD 807,000 as net sales rose 21% to USD 16.97 million.
- Operating income climbed to USD 1.62 million; operating margin widened 3 percentage points to 10%.
- Other income swung to a loss of USD 522,000, including a USD 346,000 contingent consideration expense tied to MEI backlog.
- Net bookings totaled USD 26.14 million; backlog rose 51% to USD 27.28 million, including a significant AMRAAM program order.
- Cash and cash equivalents were USD 3.91 million at year-end; the company repurchased 3,850 shares for about USD 63,000.
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