M-tron Industries(MPTI) - 2024 Q3 - Quarterly Results

Exhibit 99.1 M-tron Industries, Inc. Reports Strong Third Quarter 2024 Results with Revenue and Earnings per Share Above Expectations • Revenues increased 21.4%, or $2,326,000, to $13,214,000 for the three months ended September 30, 2024 from $10,888,000 for the three months ended September 30, 2023 • Gross margin increased 500 basis points to 47.8% for the three months ended September 30, 2024 from 42.8% for the three months ended September 30, 2023 • Net income per diluted share increased 42.1%, or $0.24, ...