LGL Q2 FY26 net loss widens to $353,000; revenue rises 24.8% to $1.15 million

Reuters2026/08/14 20:21

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The LGL Group reported Q2 2026 revenue of USD 1.15 million, up 24.8% from a year earlier.
Net loss attributable to common stockholders widened to USD 353,000; loss per diluted share was USD 0.06.
Gross margin fell 7.8 percentage points to 49.2% on volume-based pricing to a single customer tied to higher order volume.
Electronic Instruments backlog climbed to USD 3.63 million at June 30, 2026; orders totaled USD 6 million through July 31, 2026.
Cash, cash equivalents and marketable securities totaled USD 45.2 million; a July rights offering raised USD 41.8 million, lifting cash above USD 86 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The LGL Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608141620NEWSFILECNPR____20260814_309715_1) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LGL Q2 FY26 net loss widens to $353,000; revenue rises 24.8% to $1.15 million

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