Trio-Tech First Quarter Net Earnings Per Diluted Share Increased to $0.07 versus $0.02
Trio-Tech International (TRT)
NASDAQ:AMEX Investor Relations:
triotech.com/ind_rel.htm
Company Research
Source: Business Wire
VAN NUYS, Calif.--(BUSINESS WIRE)--Trio-Tech International (NYSE MKT: TRT) announced today that net income for the first quarter of fiscal 2020 more than quadrupled to $273,000, or $0.07 per diluted share, compared to $65,000, or $0.02 per diluted share, for the first quarter of fiscal 2019.Total revenue for the three months ended September 30, 2019 decreased 2% to $9,823,000 compared to revenue of $10,045,000 for the first quarter of fiscal 2019. Manufacturing revenue decreased 9% to $3,317,000 from $3,637,000 last year, primarily related to a decline in orders at Trio-Tech’s Singapore operations. Semiconductor testing services revenue decreased 1% to $4,390,000 compared to $4,437,000 last year, reflecting lower orders in Malaysia and China. Distribution revenue increased 8% to $2,099,000 compared to $1,944,000 in the first quarter last year, driven by an increase in orders from customers in Singapore.Gross margin improved for all three of our major business segments for the firs
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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