Giga-tronics Reports Results for the Fourth Quarter and FY 2018
GIGA-TRONICS INC (GIGA)
US:NASDAQ Investor Relations:
investor.gigatronics.com
Company Research
Source: GlobeNewswire
DUBLIN, Calif., June 13, 2018 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB:GIGA) (the “Company”) reported today net revenue for the fourth fiscal quarter ended March 31, 2018 of $2.3 million, a 55% decrease as compared to $5.2 million for the fourth quarter of fiscal 2017. The net revenue includes revenue by Microsource Inc. (“Microsource”), a wholly owned subsidiary of the Company, and the Company’s Giga-tronics Division. The decrease in fourth quarter net revenue versus the prior year period was primarily due to $3.3 million in shipments to the United States Navy for the Company’s Real-Time Threat Emulation System, part of the Giga-tronics Division’s Advanced Signal Generator and Analyzer (“ASGA”) product line (formerly referred to as Hydra) that occurred in the fourth fiscal quarter of 2017, compared to no ASGA shipments during the fourth quarter of fiscal 2018. Net revenue for the fiscal year ended March 31, 2018 was $9.8 million, a decrease of 40%, compared to $16.3 mi
Show less
Read more
Impact Snapshot
Event Time:
GIGA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIGA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIGA alerts
High impacting GIGA-TRONICS INC news events
Weekly update
A roundup of the hottest topics