MPTI

Interested in M-tron Industries, Inc.? Here are five stocks we like better. Strong quarterly growth: Fiscal Q2 revenue rose 13.8% to $15.1 million, net income increased to $1.9 million, and adjusted EBITDA climbed 41.7% to $3.4 million. Diluted EPS fell to $0.43 because the April 2026 rights offering increased shares outstanding. Backlog surged: Backlog grew 37.2% year over year to $84 million, supported by aerospace, defense, space, counter-drone and electronic-warfare orders. More than half of expected 2027 production is already covered, while new missile-system framework agreements could begin generating purchase orders in Q1 2027. Expansion brings near-term costs: M-tron is investing in manufacturing capacity, automation, research and development, and potential acquisitions to meet demand. Gross margin was pressured by stock-based compensation and tariffs, with management forecasting roughly 41.5%–43.5% margins in the second half of fiscal 2026. M-tron Industries (NYSEAMERICAN:MPTI) reported higher fiscal second-quarter revenue, net income and adjusted EBITDA as demand from aerospace, defense, avionics and space customers supported bookings and backlog growth. For the quarter ended June 30, 2026, revenue rose 13.8% to $15.1 million from $13.3 million in the prior-year period. Chief Executive Officer Cameron Pforr said revenue growth was primarily driven by aerospace and defense program shipments, along with sequential increases in avionics and space shipments. → Lumentum Just Delivered the AI Growth Investors Wanted Net income increased to $1.9 million, or $0.43 per diluted share, from $1.6 million, or $0.53 per diluted share, a year earlier. While net income rose, diluted earnings per share declined because weighted average shares outstanding increased following the company’s rights offering completed in April 2026, Pforr said. Adjusted EBITDA increased 41.7% to $3.4 million from $2.4 million. The improvement reflected higher revenue, partly offset by increased engineering, selling and administrative expenses, which grew more slowly than sales, according to the company. → Ryman Checks Into a $1.38B Hospitality Upgrade M-tron’s backlog increased 37.2% year over year to $84 million as of June 30, from $61.2 million. Pforr said the company has recorded three consecutive quarters of strong book-to-bill ratios and cited demand across aerospace and defense, space, counter-drone and electronic-warfare applications. The backlog includes several large aerospace and defense program orders, large orders for newer counter-drone and electronic-warfare products received during the past two quarters, and increased orders from the space industry. The company has been supplying oscillators for phased-array radar systems used in mobile and stationary counter-drone applications for military and border-control uses, Pforr said. → Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal He also cited orders for electronic-warfare systems, missile-guidance systems and repeat orders for tactical communications radios. M-tron is engaging with defense prime contractors on long-term supply agreements tied to missile systems covered by recently signed seven-year framework agreements, he said. Pforr said M-tron expects its first purchase orders tied to increased volumes from those agreements in the first quarter of 2027, supporting production in 2028. The company is gaining greater visibility into expected production volumes, although he said the bidding process is occurring part by part and program by program. More than half of the company’s expected 2027 production is already represented in backlog, Pforr said. He added that M-tron has more backlog for the next two quarters than it currently expects to produce during that period, prompting the company to assess how it can expand its ability to handle demand. Second-quarter gross margin was 41.2%, compared with 43.6% a year earlier. The result included approximately $500,000 in non-cash stock-based compensation expense tied to the company’s 2025 annual bonus. Pforr said the charge is not expected to recur at comparable levels in future quarters and that margins were otherwise relatively steady on a quarter-to-quarter basis. Net income also included $1 million of non-cash stock compensation expense associated with accelerated vesting of the 2025 annual bonus. The comparable 2025 quarter did not include a similar charge related to the prior year’s annual bonus. Tariffs continued to affect the majority of M-tron’s products, although their impact moderated following a Supreme Court ruling, according to Pforr. He said tariffs reduced gross margin by 1.1% during the fiscal second quarter, compared with a 1.25% impact in the year-earlier quarter. Looking ahead to the second half of fiscal 2026, Pforr said gross margin could range from roughly 41.5% to 43.5%, potentially reaching 44%, as the company ramps newer programs. He said rapid expansion in relatively new products is requiring investments in automation and production processes, creating potential near-term “growing pains.” Margins on larger programs typically improve during their first one to two quarters before flattening, he said, with additional gains dependent on further production-line automation. Pforr said he expects margins to be slightly better in 2027 as the company becomes more efficient in producing certain products, though rapid ramps this year could weigh on gross margin by about one percentage point. Pforr said M-tron is accelerating investments in manufacturing capacity and scalability to meet customer demand. The company has added equipment and automation and continues to invest in research and development. During the past two quarters, M-tron received $12 million in orders for 2026 and 2027 production of products introduced about a year ago. The company sold approximately $200,000 of those products during 2025, Pforr said. The company expects aerospace and defense demand to increase over the next several years and said 2026 should be a strong year for avionics and space orders and shipments. Pforr said M-tron believes it can grow at a somewhat accelerated pace through 2026 and 2027, with more significant revenue effects from shifting military priorities expected in 2028. M-tron also made an investment during the quarter in Skyline Instruments Corporation, a dual-use synchronization and timing systems company. Pforr said Skyline is developing technologies intended to synchronize RF sensor data in GPS-denied or fragile environments. He said Skyline could become a customer for oscillators over time and that the investment gives M-tron an opportunity to assess how its products could serve future needs in those environments. In response to an analyst question, Pforr said M-tron has experienced increased acquisition deal flow since completing its rights offering. More investment banks are presenting potential opportunities to the company, and M-tron is following up on selected prospects, he said. The company still hopes to complete an acquisition this year and is beginning to hire for a corporate development team to formalize and expand that effort. Pforr said the company intends to use its strengthened balance sheet to invest in growth, expand its product portfolio and add engineering talent through acquisitions and investments. M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements. These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "M-tron Industries Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Revenues increased 13.8% to $15.1 million for the three months ended June 30, 2026 compared to $13.3 million for the three months ended June 30, 2025 Net income increased 19.9% to $1.9 million for the three months ended June 30, 2026 compared to $1.6 million for the three months ended June 30, 2025, which included $1.0 million in non-cash stock-based compensation directly related to our 2025 bonus award Net income per diluted share decreased 18.9% to $0.43 for the three months ended June 30, 2026 compared to $0.53 for the three months ended June 30, 2025 Adjusted EBITDA increased $1.0 million to $3.4 million for the three months ended June 30, 2026 compared to $2.4 million for the three months ended June 30, 2025 Backlog increased 37.2% to $84.0 million as of June 30, 2026 compared to $61.2 million as of June 30, 2025 ORLANDO, Fla., Aug. 12, 2026 /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a U.S.-based designer and manufacturer of highly-engineered electronic components and solutions for the aerospace and defense, avionics, and space industries, announced strong financial results for the three and six months ended June 30, 2026. "Our second quarter results reflect continued momentum across our defense and aerospace business, with revenue increasing 13.8% and net income increasing 19.9%, and notably, adjusted EBITDA increasing 40.6% from Q2 2025 to $3.4 million," said Cameron Pforr, Chief Executive Officer. "This continues to demonstrate the effectiveness of Mtron's transformation into a strategic RF supplier with revenues doubling and earnings tripling from the Company's performance at the time of our 2022 initial public offering. Our backlog is continuing to grow with another strong quarter of bookings. The strength we are seeing in our core markets gives us confidence in the trajectory of the business, and we remain focused on translating that growth into durable, long-term value for our shareholders." Results from Operations Second Quarter 2026 Revenue was $15.1 million for the three months ended June 30, 2026 compared with $13.3 million for the three months ended June 30, 2025. The increase was primarily due to continued strong aerospace and defense program shipments and quarter over quarter growth for both avionics and space product shipments. Gross margin was 41.2% for the three months ended June 30, 2026 compared with 43.6% for the three months ended June 30, 2025. The decrease reflects the impact of approximately $0.5 million of stock-based compensation recorded in Manufacturing cost of sales in connection with the 2025 bonus awards, a 3.1% impact to gross margin. This charge is not expected to recur at comparable levels in future periods. There was no such stock-based compensation in the three months ended June 30, 2025 for the 2024 bonus award. Net income was $1.9 million, or $0.43 per diluted share, for the three months ended June 30, 2026 compared with $1.6 million, or $0.53 per diluted share, for the three months ended June 30, 2025. Current period results include $1.0 million of non-cash, stock-based compensation expense associated with the accelerated vesting of the 2025 bonus award. This charge is not expected to recur at comparable levels in future periods. The decrease in diluted earnings per share is due to the increase in weighted shares outstanding related to the rights offering that was completed in April 2026. Adjusted EBITDA was $3.4 million for the three months ended June 30, 2026 compared with $2.4 million for the three months ended June 30, 2025. The increase was primarily due to higher revenues partially offset by an increase in engineering, selling and administrative expenses. Fiscal Year to Date 2026 Revenue was $29.8 million for the six months ended June 30, 2026 compared with $26.0 million for the six months ended June 30, 2025. The increase was primarily due to continued strong aerospace and defense program shipments as well as year-over-year growth in avionics product shipments. Net income was $4.3 million, or $1.07 per diluted share, for the six months ended June 30, 2026 compared with $3.2 million, or $1.09 per diluted share, for the six months ended June 30, 2025. This reflects $1.0 million of non-cash stock compensation associated with the accelerated vesting of the 2025 bonus award. The increase in net income was driven by higher shipments partially offset by an increase in overall operating expenses, which grew at a slower rate than revenues. The decrease in earnings per diluted share was primarily due to the increase in weighted shares outstanding related to the rights offering completed in April 2026. Adjusted EBITDA was $6.6 million for the six months ended June 30, 2026 compared with $4.9 million for the six months ended June 30, 2025. The increase was primarily due to higher revenues partially offset by an increase in engineering, selling and administrative expenses. Backlog Backlog was $84.0 million as of June 30, 2026 compared to $76.4 million as of December 31, 2025 and $61.2 million as of June 30, 2025. The increase in backlog reflects broad demand for our products including continued purchasing under several large aerospace and defense programs, the initiation of orders for new aerospace and defense programs, and a recent uptick in avionics and space industry orders. Strategic Investment During the quarter, the Company made a small investment in a synchronization and timing systems company Skyline Instruments, LLC, which is making significant advancements critical for the synchronization of RF sensor data and operations in GPS denied environments. This is part of the Company's effort to continue to innovate and learn about future market opportunities in areas critical to our national defense. Investor Call Management, including Mr. Pforr, will host a conference call with the investment community on Thursday August 13, 2026, to discuss the Company's second quarter 2026 results and to respond to investor questions. The call will begin at 10:30 a.m. Eastern Time (U.S. and Canada) on Thursday August 13, 2026, and can be accessed using the dial-in details below: An archive will be available after the call on the Investor Relations section of Mtron's website at ir.mtron.com, along with Mtron's earnings release. About Mtron M-tron Industries, Inc. (NYSE American: MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com. Cautionary Note Concerning Forward Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the Company's financial condition, results of operations, business strategy and financial needs. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to Mtron, are intended to identify forward-looking statements. These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the Company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by Mtron with the Securities and Exchange Commission, including those risks set forth under the heading "Risk Factors" in the Company's Annual Report on Form 10-K as filed with the SEC on March 26, 2026. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. These forward-looking statements speak only as of the date of this press release. Mtron undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Non-GAAP Financial Measures Throughout this press release, including the results from operations, the Company presents its financial condition and results of operations in the way it believes will be most meaningful and representative of its business results. Some of the measurements the Company uses are "Non-GAAP financial measures" under SEC rules and regulations. The non-GAAP financial measures the Company presents are listed below and may not be comparable to similarly-named measures reported by other companies. the reconciliations of such measures to the most comparable GAAP measures in accordance with Regulation G are included within the relevant tables attached to this press release. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net earnings or diluted earnings per share prepared in accordance with GAAP. The Company uses the following operating performance measure because the Company believes it provides both management and investors with a more complete understanding of the underlying operational results and trends and our marketplace performance Adjusted EBITDA is derived by excluding the items set forth below from Income before income taxes. Excluded items include the following: Interest income Interest expense Depreciation Amortization Non-cash stock-based compensation Other discrete items that might have a significant impact on comparable GAAP measures and could distort the evaluation of our normal operating performance View original content to download multimedia:https://www.prnewswire.com/news-releases/m-tron-industries-inc-reports-second-quarter-2026-results-302850159.html

M-tron Industries, Inc. (MPTI) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.51%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced earnings of $0.67, delivering a surprise of +9.84%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. M-tron Industries, Inc., which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $15.11 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.09%. This compares to year-ago revenues of $13.28 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. M-tron Industries, Inc. shares have added about 60.9% since the beginning of the year versus the S&P 500's gain of 12.9%. While M-tron Industries, Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for M-tron Industries, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.57 on $15 million in revenues for the coming quarter and $2.26 on $59.7 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. TSS Inc. (TSSI), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13. This company is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of +33.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. TSS Inc.'s revenues are expected to be $51.9 million, up 18% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report TSS Inc. (TSSI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Revenue growth was primarily driven by sustained strength in aerospace and defense program shipments, alongside sequential increases in avionics and space volumes. The company is successfully transitioning to a program-based business model, which now accounts for the vast majority of aerospace and defense revenues. Backlog growth of 37.2% reflects broad demand for new solutions in counter-drone technology, electronic warfare, and missile guidance systems. Management attributed steady underlying margins to consistent operating performance, despite a non-recurring $500,000 stock-based compensation charge related to 2025 bonuses. Strategic investments in automation and new equipment are being prioritized to scale production capacity in response to three consecutive quarters of strong book-to-bill ratios. The company is engaging with defense primes on long-term supply agreements, positioning itself to capture increased content as programs are bid out part-by-part. Management anticipates slightly accelerated growth through 2026 and 2027, with more significant revenue impacts expected in 2028 from current military system re-prioritizations. Gross margins are expected to face slight initial pressure, projected between 41.5% and 43.5% for the second half of 2026, as new programs ramp to full production rates. The company expects to receive the first purchase orders from new 7-year framework agreements in Q1 2027, targeting 2028 production cycles. Operating expenses are projected to grow at a slower rate than revenue, supporting a long-term trend of increasing earnings as the business scales. M&A activity is expected to accelerate following the April 2026 rights offering, with management aiming to complete a deal before the end of the year. A $1 million non-cash stock compensation expense impacted net income this quarter; management explicitly stated this magnitude of expense is not expected to recur. Tariffs continue to impact the majority of products, though the margin drag decreased slightly to 1.1% following a Supreme Court ruling. The rights offering completed in April 2026 resulted in a higher weighted share count, causing a year-over-year decrease in earnings per share despite higher net income. The investment in Skyline Instruments serves as a strategic entry into GPS-denied environment technologies and provides a potential internal customer for oscillator products. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management reported increased deal flow and engagement with investment banks since the rights offering, with a goal to close a transaction this year. The company is formalizing its corporate development team to accelerate the acquisition process. Current backlog extends through 2028, with more than half of 2027 production already booked. Management noted they currently have more backlog for the next two quarters than they have the capacity to produce, necessitating investments in manufacturing scalability. Margins will likely be impacted by approximately one percentage point this year due to the rapid ramp-up of new products. Efficiency gains and automation are expected to drive slight margin improvements in 2027 as production processes for these new programs mature.

Vulcan Materials (VMC) came out with quarterly earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.5 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.60%. A quarter ago, it was expected that this construction materials company would post earnings of $1.12 per share when it actually produced earnings of $1.35, delivering a surprise of +20.54%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Vulcan, which belongs to the Zacks Building Products - Concrete and Aggregates industry, posted revenues of $2.16 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.04%. This compares to year-ago revenues of $2.1 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Vulcan shares have added about 1.1% since the beginning of the year versus the S&P 500's gain of 8.5%. While Vulcan has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Vulcan was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.04 on $2.3 billion in revenues for the coming quarter and $9.30 on $8.19 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Concrete and Aggregates is currently in the bottom 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. M-tron Industries, Inc. (MPTI), another stock in the broader Zacks Construction sector, has yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of -11.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. M-tron Industries, Inc.'s revenues are expected to be $14.8 million, up 11.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vulcan Materials Company (VMC) : Free Stock Analysis Report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Revenues increased 15.3%, or $2.0 million, to $14.7 million for the three months ended March 31, 2026 from $12.7 million for the three months ended March 31, 2025 Gross margin improved to 44.9% for the three months ended March 31, 2026 from 42.5% for the three months ended March 31, 2025 Net income per diluted share increased $0.11 to $0.67 for the three months ended March 31, 2026 from $0.56 for the three months ended March 31, 2025 Backlog increased $21.3 million, or 38.4%, to $76.8 million as of March 31, 2026 from $55.5 million as of March 31, 2025 ORLANDO, Fla., May 7, 2026 /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a U.S.-based designer and manufacturer of highly-engineered electronic components and solutions for the aerospace and defense, avionics, and space industries, announced its financial results for the three months ended March 31, 2026. "Mtron delivered another quarter of record revenue, marking our fourth consecutive record quarter," said Cameron Pforr, Mtron Chief Executive Officer. "Our gross margins were also healthy due to higher revenues and continued focus on manufacturing efficiencies" "We also successfully completed the rights offering on April 27, 2026, issuing 713,362 shares and strengthening our balance sheet with an additional $42.1 million of cash," continued Mr. Pforr. "This puts us in a great position to execute as we navigate the opportunities arising in the defense sector." Results from Operations Revenue was $14.7 million in the first quarter of 2026 compared with $12.7 million in the first quarter of 2025. The increase was primarily due to strong defense product shipments as well as higher avionics sector shipments. Gross margin was 44.9% in the first quarter of 2026 compared with 42.5% in the first quarter of 2025. The increase is primarily due to higher revenues, product mix, and manufacturing efficiencies. Net income was $2.4 million, or $0.67 per diluted share, in the first quarter of 2026 compared with $1.6 million, or $0.56 per diluted share, in the first quarter of 2025. The increase in revenues discussed above, manufacturing efficiencies, and higher interest income partially offset by higher engineering, selling and administrative expenses related to higher research and development costs, higher sales commissions from an increase in revenues, and an increase in corporate expenses consistent with the overall growth in the business. Adjusted EBITDA was $3.2 million in the first quarter of 2026 compared with $2.5 million in the first quarter of 2025. The increase was primarily due to the increase in revenues discussed above and improved gross margins. Backlog Backlog was $76.8 million as of March 31, 2026 compared to $76.4 million as of December 31, 2025 and $55.5 million as of March 31, 2025. The increase in backlog is primarily driven by orders in the aerospace and defense, avionics, and space sectors. Investor Day The Company will host an Investor Day on Tuesday May 12, 2026, to provide shareholders, analysts and other stakeholders more detailed information on the Company's strategic direction, recent business developments and financial performance, and updates on strategic initiatives. Members of management will also be available to answer investor questions. The Investor Day will begin at 12:00 p.m. Eastern Time on Tuesday May 12, 2026 at the New York Stock Exchange, located at 11 Wall Street, New York, New York 10005. If you are interested in attending in person, please RSVP by sending an email to [email protected] as capacity is limited. An archive will be available after the Investor Day on the Investor Relations section of Mtron's website at ir.mtron.com. Earnings Commentary The Company will make available commentary on Q1 2026 financial results on Friday May 8, 2026. Visit the Investor Relations section of Mtron's website at ir.mtron.com for the recording. About Mtron M-tron Industries, Inc. (NYSE American: MPTI) was originally founded in 1965 and designs, manufactures and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com. Cautionary Note Concerning Forward Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the uncertain financial impact of COVID-19 and the Company's financial condition, results of operations, business strategy and financial needs. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to Mtron, are intended to identify forward-looking statements. These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the Company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by Mtron with the Securities and Exchange Commission, including those risks set forth under the heading "Risk Factors" in the Company's Annual Report on Form 10-K as filed with the SEC on March 26, 2026. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. These forward-looking statements speak only as of the date of this press release. Mtron undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Non-GAAP Financial Measures Throughout this press release, including the results from operations, the Company presents its financial condition and results of operations in the way it believes will be most meaningful and representative of its business results. Some of the measurements the Company uses are "Non-GAAP financial measures" under SEC rules and regulations. The non-GAAP financial measures the Company presents are listed below and may not be comparable to similarly-named measures reported by other companies. the reconciliations of such measures to the most comparable GAAP measures in accordance with Regulation G are included within the relevant tables attached to this press release. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net earnings or diluted earnings per share prepared in accordance with GAAP. The Company uses the following operating performance measure because the Company believes it provides both management and investors with a more complete understanding of the underlying operational results and trends and our marketplace performance: Adjusted EBITDA is derived by excluding the items set forth below from Income before income taxes. Excluded items include the following: Interest income Interest expense Depreciation Amortization Non-cash stock-based compensation Other discrete items that might have a significant impact on comparable GAAP measures and could distort the evaluation of our normal operating performance View original content to download multimedia:https://www.prnewswire.com/news-releases/m-tron-industries-inc-reports-first-quarter-2026-results-302766338.html

M-tron Industries, Inc. (MPTI) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.84%. A quarter ago, it was expected that this company would post earnings of $0.64 per share when it actually produced earnings of $0.99, delivering a surprise of +54.69%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. M-tron Industries, Inc., which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $14.69 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.99%. This compares to year-ago revenues of $12.73 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. M-tron Industries, Inc. shares have added about 37.6% since the beginning of the year versus the S&P 500's gain of 7.6%. While M-tron Industries, Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for M-tron Industries, Inc. was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.46 on $14.6 million in revenues for the coming quarter and $2.18 on $58.8 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Amentum Holdings (AMTM), has yet to report results for the quarter ended March 2026. The results are expected to be released on May 12. This government services company is expected to post quarterly earnings of $0.58 per share in its upcoming report, which represents a year-over-year change of +9.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Amentum Holdings' revenues are expected to be $3.48 billion, down 0.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report Amentum Holdings, Inc. (AMTM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

KBR Inc. (KBR) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.92%. A quarter ago, it was expected that this the engineering, construction company would post earnings of $0.95 per share when it actually produced earnings of $0.99, delivering a surprise of +4.21%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. KBR, which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $1.92 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.65%. This compares to year-ago revenues of $2.06 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. KBR shares have lost about 3.8% since the beginning of the year versus the S&P 500's gain of 5.2%. While KBR has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for KBR was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.95 on $1.88 billion in revenues for the coming quarter and $4.01 on $8.12 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D Services is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. M-tron Industries, Inc. (MPTI), another stock in the same industry, has yet to report results for the quarter ended March 2026. This company is expected to post quarterly earnings of $0.61 per share in its upcoming report, which represents a year-over-year change of +8.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. M-tron Industries, Inc.'s revenues are expected to be $14.4 million, up 13.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KBR, Inc. (KBR) : Free Stock Analysis Report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Quanta Services (PWR) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +31.21%. A quarter ago, it was expected that this specialty contractor for utility and energy companies would post earnings of $3 per share when it actually produced earnings of $3.16, delivering a surprise of +5.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Quanta Services, which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $7.87 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 12.61%. This compares to year-ago revenues of $6.23 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Quanta Services shares have added about 48.9% since the beginning of the year versus the S&P 500's gain of 4.2%. While Quanta Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Quanta Services was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.18 on $8.08 billion in revenues for the coming quarter and $13.11 on $33.37 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D Services is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, M-tron Industries, Inc. (MPTI), is yet to report results for the quarter ended March 2026. This company is expected to post quarterly earnings of $0.61 per share in its upcoming report, which represents a year-over-year change of +8.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. M-tron Industries, Inc.'s revenues are expected to be $14.4 million, up 13.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR) : Free Stock Analysis Report M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ORLANDO, Fla., April 21, 2026 /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a U.S.-based designer and manufacturer of highly-engineered electronic components and solutions for the aerospace and defense, avionics, and space industries, announced today the preliminary results of its previously announced rights offering (the "Rights Offering"). The Rights Offering commenced on March 31, 2026 and expired in accordance with its terms at 5:00 p.m., Eastern Time, on April 20, 2026 (the "Expiration Date"). According to Computershare Trust Company, N.A. (the "Subscription Agent"), as of the Expiration Date, 2,700,249 basic subscription rights were exercised to purchase an aggregate of 540,049 shares of the Company's common stock, par value $0.01 (the "Common Stock"), and 791,976 additional shares of Common Stock were subscribed for under the oversubscription privilege, subject to proration (the "Oversubscription Privilege"). The Rights Offering was oversubscribed. Pursuant to the terms of the Rights Offering, subscription rights holders ("Rightsholders") who exercised their Oversubscription Privilege will receive the available shares of Common Stock pro rata among such oversubscribing Rightsholders in proportion to the number of shares of Common Stock that each such Rightsholder requested in the Oversubscription Privilege. Excess amounts for any oversubscribed shares of Common Stock will be refunded to applicable Rightsholders as soon as practicable via check without interest or deduction. The shares of Common Stock to be issued at the closing of the Rights Offering will be purchased at the subscription price of $59.00 per share. The Company expects the Subscription Agent to distribute the shares of Common Stock and the proceeds from the Rights Offering on or about April 24, 2026, subject to customary closing conditions. The results of the Rights Offering are preliminary and subject to change pending finalization of subscription procedures by the Subscription Agent. The Company expects to file a Current Report on Form 8-K on or about April 24, 2026, that will include the final results of the Rights Offering. If a Rightsholder did not exercise its subscription rights prior to the Expiration Date, such rights have expired and are void and have no value. Rightsholders who have participated in the Rights Offering should expect to see the shares of Common Stock issued to them in uncertificated book-entry form. Any excess subscription payments received by the Subscription Agent will be returned by the Subscription Agent to such Rightsholder via check without interest or deduction. The Rights Offering was made pursuant to the Company's Registration Statement on Form S-3 (File No. 333-284635) (the "Registration Statement"), the prospectus forming a part of the Registration Statement (the "Prospectus"), and the prospectus supplement relating the Rights Offering (the "Prospectus Supplement"), which was filed with the Securities and Exchange Commission (the "SEC") on March 30, 2026. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the rights, Common Stock, or any other securities, nor shall there be any offer, solicitation, or sale of the rights, Common Stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The Rights Offering was made only by means of the Prospectus and the Prospectus Supplement, copies of which were distributed to all eligible rights holders as of the record date for the Rights Offering, and may be obtained free of charge at the website maintained by the SEC at www.sec.gov. About Mtron M-tron Industries, Inc. (NYSE American: MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com. Cautionary Note Concerning Forward Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the Company's financial condition, results of operations, business strategy and financial needs. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to Mtron, are intended to identify forward-looking statements. These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the Company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by Mtron with the Securities and Exchange Commission, including those risks set forth under the heading "Risk Factors" in the Company's Annual Report on Form 10-K as filed with the SEC on March 26, 2026. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. These forward-looking statements speak only as of the date of this press release. Mtron undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. View original content to download multimedia:https://www.prnewswire.com/news-releases/m-tron-industries-inc-announces-preliminary-results-of-rights-offering-302748579.html