M-tron Industries(MPTI) - 2024 Q1 - Quarterly Results
MPTIM-tron Industries(MPTI)2024-05-08 04:31

Exhibit 99.1 M-tron Industries, Inc. Reports First Quarter 2024 Results and Reminds Stakeholders of Investor Day • Revenues increased 1,818,000to1,818,000 to 11,185,000 for the three months ended March 31, 2024 from 9,367,000forthethreemonthsendedMarch31,2023•Grossmarginincreased861basispointsto42.79,367,000 for the three months ended March 31, 2023 • Gross margin increased 861 basis points to 42.7% for the three months ended March 31, 2024 from 34.1% for the three months ended March 31, 2023 • Net income per diluted share increased 0.33 to 0.53forthethreemonthsendedMarch31,2024from0.53 for the three months ended March 31, 2024 from 0. ...