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

M-tron Industries (NYSEAMERICAN:MPTI) announced its quarterly earnings results on Thursday. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $15.74 million during the quarter, compared to analyst estimates of $15.30 million.

M-tron Industries Price Performance

Shares of M-tron Industries stock traded up $1.35 during trading hours on Thursday, hitting $68.57. The company’s stock 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 price-to-earnings-growth ratio of 1.19 and a beta of 0.82. The stock has a 50 day moving average of $71.11 and a 200 day moving average of $74.99. M-tron Industries has a 12 month low of $43.55 and a 12 month high of $104.85.

M-tron Industries Company Profile

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.