Trio-Tech Reports Second Quarter Results
Trio-Tech International (TRT)
NASDAQ:AMEX Investor Relations:
triotech.com/ind_rel.htm
Company Research
Source: Business Wire
Shareholders’ Equity Increases to $7.58 Per Share From $7.22 Per Share VAN NUYS, Calif.--(BUSINESS WIRE)--Trio-Tech International (NYSE MKT: TRT) today announced financial results for the second quarter and first six months of fiscal 2024.Fiscal 2024 Second Quarter ResultsFor the three months ended December 31, 2023, revenue decreased 2% to $12,202,000 compared to $12,390,000 for the same quarter last year, primarily related to a decline in revenue in the Company’s testing services segment.The overall gross margin was $2,854,000, or 23% of revenue, compared to $3,335,000, or 27% of revenue, for the same quarter last year. Operating income was $677,000, or 6% of revenue, compared to $1,069,000, or 9% of revenue, for the same quarter last year.Total other expenses were $100,000, compared to $253,000 in the same quarter last year, due principally to an increase in interest income to $96,000 from $37,000, and a strengthening of the US dollar against the Singapore dollar, which reduced
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News
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Trio-Tech International (NYSE: TRT) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
TRT
Sec Filings
- 4/17/24 - Form 8-K
- 4/9/24 - Form 4
- 4/5/24 - Form 4
- TRT's page on the SEC website