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The LGL Group (LGL) investor relations material
The LGL Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income for Q3 2025 was $772,000 ($0.14 per diluted share), up from $72,000 ($0.01 per share) in Q3 2024, driven by higher gross margins, lower manufacturing costs, and a significant income tax benefit.
Fiscal year-to-date net income attributable to common stockholders was $715,000 ($0.13 per share), up from $230,000 ($0.04 per share) in the prior year period.
Total revenues for Q3 2025 were $1.1M, down 6% year-over-year, mainly due to a 16.8% decline in net investment income.
Gross margin improved to 52.8% in Q3 2025 from 43.4% in Q3 2024, reflecting a shift to higher-margin product sales.
Continued development of opportunities with P3 Logistics and the MGHL transaction.
Financial highlights
Q3 2025 net sales increased 1.7% to $661K; net investment income fell 16.8% to $442K.
Total expenses decreased 5.1% to $988K, mainly from a 15.2% reduction in manufacturing cost of sales.
Cash, cash equivalents, and marketable securities totaled $41.6M as of September 30, 2025.
Book value per share was $7.75 as of September 30, 2025.
Order backlog increased to $776K, up $440K from December 2024 and $271K from September 2024.
Outlook and guidance
Management expects existing liquidity and cash flow from operations to be sufficient for ongoing needs and capital expenditures for at least the next 12 months.
P3 Logistic Solutions is advancing commercialization, with field trials expected to continue into Q1 2026.
MGHL acquisition is progressing, with LGL purchasing 1,000,000 new shares at $2.00 per share.
No cash dividends are planned; focus remains on reinvestment and capital appreciation.
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