Mtron Q2 revenue rises 13.8% to $15.1 million; diluted EPS falls 18.9% to $0.43
M-tron Industries (Mtron) reported second-quarter 2026 results, with revenue up 13.8% to $15.1 million and net income up 19.9% to $1.9 million. Diluted earnings per share fell to $0.43 from $0.53, which the company attributes to more weighted shares outstanding after a rights offering completed in April 2026. Shareholders get higher sales and profit in dollar terms, but per-share earnings were diluted, and management will discuss the results on a call on August 13, 2026.
Key points
- Revenue of $15.1 million for the quarter, up 13.8% from $13.3 million a year earlier
- Net income of $1.9 million, up 19.9%; diluted EPS of $0.43 versus $0.53, down 18.9%
- Diluted EPS decline attributed to higher weighted shares outstanding from the rights offering completed in April 2026
- Backlog of $84.0 million as of June 30, 2026, up 37.2% from $61.2 million a year earlier; conference call August 13, 2026 at 10:30 a.m. ET
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.