M-tron Industries (NYSEAMERICAN:MPTI) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS

M-tron Industries (NYSEAMERICAN:MPTI) issued its quarterly earnings data on Thursday. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.12, FiscalAI reports. M-tron Industries had a net margin of 16.35% and a return on equity of 13.03%. The business had revenue of $15.74 million for the quarter, compared to analyst estimates of $15.30 million.

M-tron Industries Stock Up 2.0%

MPTI traded up $1.35 during trading on Thursday, hitting $68.57. The company had a trading volume of 77,030 shares, compared to its average volume of 110,245. The company has a market capitalization of $298.28 million, a PE ratio of 25.21, a PEG ratio of 1.19 and a beta of 0.82. M-tron Industries has a one year low of $43.55 and a one year high of $104.85. The firm’s 50-day moving average price is $71.11 and its 200 day moving average price is $74.99.

About M-tron Industries

M-tron Industries designs and manufactures electronic components used to control frequency and filter radio-frequency signals. Its products include crystal and surface acoustic wave filters, crystal oscillators, and related frequency-control and RF components. The company’s components are used in applications where precise signal performance is important, including aerospace and defense systems, space and satellite communications, telecommunications, and industrial equipment. M-tron Industries serves customers whose products require components designed for demanding operating conditions.