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Stock impact report

Interlink Electronics Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]

Interlink Electronics, Inc. (LINK) 
NASDAQ:AMEX Investor Relations: interlinkelectronics.com/investor-relations
Company Research Source: Yahoo! Finance
IRVINE, Calif. March 21, 2024 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK), a world-leading provider of sensors and printed electronic solutions that support a wide range of applications including Human-Machine Interface devices and Internet-of-Things solutions, today announced its financial results for the three months and year ended December 31, 2023 Revenue for the quarter was $3.5 million , up 120% from the prior year period on sales from our new gas sensor and membrane keypads operations acquired in December 2022 and March 2023 , respectively, and due to increased orders from and shipments to customers of our traditional force-sensor products. This in turn drove an 84% increase in the Company's gross profit to $1.5 million . Revenue for the year was $13.9 million , up 86% from the prior year due to the inclusion of the acquired businesses and also to organic revenue gains. The following table sets forth the consolidated financial highlights. Consolidated Fina Show less Read more
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